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Simba Company's standard materials cost per unit of output is $11.52 (2.40 pounds x $4.80). During July, the company purchases and uses 3,100 pounds of materials costing $15,810 in making 1,200 units of finished product. Compute the total, price, and quantity materials variances.

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Category:- Accounting Basics
Reference No.:- M9986285

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