standard quantity per unit of output..... 6.8 metersstandard price......... $14.40 The following data...
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Accounting
standard quantity per unit of output..... 6.8 metersstandard price......... $14.40 The following data pertains to operations concerning theproduct for the last month: Actual material purchased...... 4,400 meters Actual cost of material purchased.... $60,500 Actual material used in production ... 3,800 meters Actual output... 400 units What is the materials price variance for the month?
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