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Compute the total and quantity materials variances

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Reference no: EM132582788

Simba Company's standard materials cost per unit of output is $9.40(2.00pounds x $4.70). During July, the company purchases and uses3,080pounds of materials costing $16,632in making1,400units of finished product.

Question 1: 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.)

Reference no: EM132582788

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