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Determine the vaughn manufacturing materials price variance

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Question - Vaughn Manufacturing has a materials price standard of $2.00 per pound. 6900 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 6900 pounds, although the standard quantity allowed for the output was 5500 pounds. Determine the Vaughn Manufacturing's materials price variance?

Reference no: EM133185553

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