Question: Simba Company's standard materials cost per unit of output is $8.00 (2.00 pounds x $4.00). During July, the company purchases and uses 3.300 pounds of

 Simba Company's standard materials cost per unit of output is $8.00

Simba Company's standard materials cost per unit of output is $8.00 (2.00 pounds x $4.00). During July, the company purchases and uses 3.300 pounds of materials costing $17,820 in making 1,500 units of finished product. Compute the total, price, and quantity materials variances. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to O decimal places, eg. 52.) $ Total materials variance Materials price variance $ Materials quantity variance $ $ >

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