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Your answer is partially correct. Try again Simba Company's standard materials cost per unit of output is $10.35 (2.30 pounds x $4.50). During July, the
Your answer is partially correct. Try again Simba Company's standard materials cost per unit of output is $10.35 (2.30 pounds x $4.50). During July, the company purchases and uses 3,105 pounds of materials costing $16,767 in making 1,500 units of finished product. Compute the total, price, and quantity materials variances. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 52.) Total materials variance 1242 Unfavorable X Materials price variance 2794 Unfavorable Materials quantity variance 1552 Favorable Open Show Work Click if you would like to Show Work for this
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