Question2 The following materials standards have been established for a particular product: Standard Quantity per...
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Question2 The following materials standards have been established for a particular product: Standard Quantity per Unit of Output: 1.9 Grams Standard Price: . The following data pertain to operations concerning the product for the last $18 per Gram month Actual Materials Purchased: Actual Cost of Materials Purchased: Actual Materials used in Production: 5200 Grams Actual Output: What is the materials price variance for the month? 5,800 Grams $108,460 2,700 Units
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