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Neville Company's standard materials cost per unit of output is $10 (2 pounds × $5). During July, the company purchases and uses 3,800 pounds of materials costing $19,570 in making 1,530 units of finished product. Compute the total, price, and quantity materials variances.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M965571

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