Answers Requirements asked, with calculation Material Price Variance Standard Rate -Actual Rate Actual .x Quantity. 5.00 - 5.07 1 x 4100 -287 Unfavourable- Variance 287.00 Material Quantity Variance Standard Actual (Quantity -Quantity andard Rate - 4100 D x 5.00 |(4000 -500 Using the information in Problem 2, complete the journal entry to record the use of materials and any variances. Account Title Debit Credit