Question: Managerial accounting, total price, quantity materials variances Concord Company's standard materials cost per unit Of output is $8.60 (2.00 pounds x $4.30). During July. the

Concord Company's standard materials cost per unit Of output is $8.60 (2.00
Managerial accounting, total price, quantity materials variances
pounds x $4.30). During July. the company purchases and uses pounds of

Concord Company's standard materials cost per unit Of output is $8.60 (2.00 pounds x $4.30). During July. the company purchases and uses pounds of materials costing $13,527 in making 1.290 units of finished product. Compute the total. price. and quantity materiats variances. (Rcnnd unit values to 2 decimal places. e.g. 52.75 and final answers to O decinul places, ea. 52.) Total materials variance Materials price variance Materials quantity variance Unfavorable

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