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Compute the total materials variance

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Reference no: EM133135314

Question - Carrington Medical manufactures medical equipment. Standard and actual data regarding one of the company's products are provided below.

Standard quantity of materials: 6.00 feet per product

Standard price of materials: $8.00 per foot

Actual production: 360 products

Actual materials used: 2,080 feet

Actual total materials costs incurred: $17,700

Required - Compute the total materials variance.

Reference no: EM133135314

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