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During March, Tile company purchases and uses 6,600 pounds of materials costing $26730 to make...

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Accounting

During March, Tile company purchases and uses 6,600 pounds of materials costing $26730 to make 3000 tiles. Tile companys standard material cost per tile is $8 (2 pounds of material x $4). Compute the price and quantity materials variances for tile company for March. Indicate amount and favorable or unfavorable effects.

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