Calculate the pounds of materials during may


Wales Company purchased (at a cost of $16,089) and used 3,100 pounds of materials during May. Wales's standard cost of materials per unit produced is based on 2.50 pounds per unit at a cost $5.30 per pound. Production in May was 1,180 units.

Compute the total, price, and quantity variances for materials.

Total Materials Variance
$
Materials Price Variance
$
Materials Quantity Variance
$

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Accounting Basics: Calculate the pounds of materials during may
Reference No:- TGS0685994

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