Solution-Compute total-price and quantity variances for

Compute total-price and quantity variances for materials

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Reference no: EM13524408

Benjamin Company purchased (at a cost of $11,660) and used 2,370 pounds of materials during May. Benjamin's standard cost of materials per unit produced is based on 2 pounds per unit at a cost $5 per pound. Production in May was 1,110 units.

Compute the total, price, and quantity variances for materials.

Total materials variance $
Materials price variance $
Materials quantity variance $

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Reference no: EM13524408

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Compute total-price and quantity variances for materials

Reference no: EM13524408

Reference no: EM13524408

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