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The standard cost of product 777 includes 2.5 units of direct materials at $6.80 per...

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Accounting

The standard cost of product 777 includes 2.5 units of direct materials at $6.80 per unit. During August, the company bought 28,700 units of materials at $6.95 and used those materials to produce 11,700 units.
Compute the total, price, and quantity variances for materials.
Total materials variance
$
Materials price variance
$
Materials quantity variance
$
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