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Determine the materials price and quantity variance

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Reference no: EM133173739

Question - Materials Variances - Dark Wind manufactures decorative weather vanes that have a standard materials cost of three pounds of raw materials at $4.00 per pound. During September 17,500 pounds of raw materials costing $4.25 per pound were used in making 6,000 weather vanes.

Required - Determine the materials price and quantity variance.

Reference no: EM133173739

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