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Compute the total price and quantity materials variances

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Question - Simba Company's standard materials cost per unit of output is $9.87 (2.10 pounds x $4.70). During July, the company purchases and uses 2,800 pounds of materials costing $14,840 in making 1,300 units of finished product.

Compute the total, price, and quantity materials variances.

Reference no: EM131749362

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