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The standard cost of product X includes 2 units of direct materials @ $6/unit. During october, the company bough 29,000 units of materials @ $6.20/unit and used those materials to produce 15,000 units. what is the total material variance? what is the price variance? what is the quantity variance?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M951412

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