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Compute the total and price as to materials

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Reference no: EM132742294

Problem 1: The standard cost of a new product includes 2 units of direct materials at $4.00 per unit. During November the company bought 22,000 units of material at $4.10 and used those materials to produce 12,000 units. Compute the total, price, and quantity variances as to materials. Show your work.

Reference no: EM132742294

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