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standard quantity per unit of output..... 6.8 metersstandard price......... $14.40 The following data...

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Accounting

standard quantity per unit of output..... 6.8 meters
standard price......... $14.40
The following data pertains to operations concerning theproduct for the last month:
Actual material purchased...... 4,400 meters
Actual cost of material purchased.... $60,500
Actual material used in production ... 3,800 meters
Actual output... 400 units
What is the materials price variance for the month?

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