Indigo Company has determined that the standard cost to manufacture its product includes 2 units...
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Accounting
Indigo Company has determined that the standard cost to manufacture its product includes 2 units of direct materials at $6.00 per unit. During January, the company purchased 50.200 units of direct materials at a cost of $5.85 per unit and used 50.200 units of direct materials to produce 23,200 units of its product. Calculate the total materials variance. and the price and quantity variances
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