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Business, 20.08.2021 02:10 yselahernandez02

The standard cost of Product B manufactured by Pharrell Company includes 2.0 units of direct materials at $5.00 per unit. During June, 26,500 units of direct materials are purchased at a cost of $4.95 per unit, and 26,500 units of direct materials are used to produce 13,200 units of Product B. (a) Compute the total materials variance and the price and quantity variances.

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