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Waterway Industries has a materials price standard of $2 per pound, 5900 pounds of materials were purchased at $2.20 a pound. The actual quantity of

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Waterway Industries has a materials price standard of $2 per pound, 5900 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 5900 pounds although the standard quantity allowed for the output was 3800 pounds. Waterway industries's materials price variance is S420U. $1180U. $760U. $1180F

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