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During March Patt Inc

Question 140

Essay

During March Patt Inc. purchases and uses 8800 pounds of materials costing $35640 to make 4000 tiles. Patt's standard material cost per tile is $8 (2 pounds of material × $4.00).
Instructions
Compute the total price and quantity material variances for Patt Inc. for March.

Correct Answer:

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Total materials variance = $3640 U (8800...

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