Rathman company purchased at a cost of 20779 and used 4248, Ask an Expert

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Rathman Company purchased (at a cost of $20,779) and used 4,248 pounds of materials during May. Rathman's standard cost of materials per unit produced is based on 3 pounds per unit at a cost $5 per pound. Production in May was 1,356 units. Compute the total, price, and quantity variances for materials. Total materials variance $ Materials price variance $ Materials quantity variance$

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9981747

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