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The standard cost of product $777$ includes $2\mathrm{.}7$ units of direct materials at $$5\mathrm{.}60$ per unit. During August, the company bought $29,100$ units of materials at $$5\mathrm{.}65$ and used those materials to produce $11,100$ units.

Compute the total, price, and quantity variances for materials.

Total materials variance

Materials price variance

Materials quantity variance

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