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Business, 12.04.2021 18:50 alvaradovanessa14

The following materials standards have been established for a particular product: Standard quantity per unit of output 4.3 meters Standard price $ 18.60 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased 7,100 meters Actual cost of materials purchased $ 138,805 Actual materials used in production 6,600 meters Actual output 1,500 units What is the materials price variance for the month?

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