The standard cost of product 777 includes 2.4 units of direct materials at $5.20 per unit....

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The standard cost of product 777 includes 2.4 units of direct materials at $5.20 per unit. During August, the company bought 28,400 units of materials at $5.45 and used those materials to produce 12,100 units. Compute the total, price, and quantity variances for materials. Total materials variance $ Materials price variance $ Materials quantity variance $ The standard cost of product 777 includes 2.4 units of direct materials at $5.20 per unit. During August, the company bought 28,400 units of materials at $5.45 and used those materials to produce 12,100 units. Compute the total, price, and quantity variances for materials. Total materials variance $ Materials price variance $ Materials quantity variance $

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Material Variances for Product 777 August Standard Cost per Unit Direct Materials 24 unitsunit 520un... View the full answer