Business, 05.07.2019 23:10 webbhlharryteach
The following materials standards have been established for a particular product: standard quantity per unit of output 1.7 meters standard price $19.80 per meter. the following data pertain to operations concerning the product for the last month: actual materials purchased 5,800 meters. actual cost of materials purchased $ 113,680 actual materials used in production 5,100 meters actual output 3200 units what is the materials price variance for the month?
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