What is the price variance-quantity variance, Accounting Basics

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What is the price variance-quantity variance

The standard cost of product X includes 2 units of direct materials @ $6/unit. During october, the company bough 29,000 units of materials @ $6.20/unit and used those materials to produce 15,000 units. what is the total material variance? what is the price variance? what is the quantity variance?

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Accounting Basics: What is the price variance-quantity variance

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Accounting Basics: What is the price variance-quantity variance

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Recent Questions Asked Accounting Basics

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Accounting Basics: What is the price variance-quantity variance

Reference No:- TGS051412

Recent Questions Asked Accounting Basics

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