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Compute direct materials variances. BE11.4 (LO 2), AP Simba Company's standard materials cost per unit...

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Accounting

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Compute direct materials variances. BE11.4 (LO 2), AP Simba Company's standard materials cost per unit of output is $10 ( 2 pounds $5 ). During July, the company purchases and uses 3,200 pounds of materials costing $16,192 in making 1,500 units of finished product. Compute the total, price, and quantity materials variances

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