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Brief Exercise 11-4 Simba Company's standard materials cost per unit of output is $8.60 (2.00...

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Accounting

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Brief Exercise 11-4 Simba 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 2.420 pounds of materials costing $12,826 in making 1,100 units of finished product. Compute the total price and quantity materiais variances (Round per wit values to 2 decimal places 52.75 and in answers to decimal places. 52) Total materials variance Material price variance Materials quantity variance Click fou would like to show Work for this questioni Open Show Work

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