• August 2001, East Publishing Company’s costs and quantities of paper consumed in manufacturing its 2002 Executive Planner and Calendar were as follow: Actual unit purchase price Br 0.16 per page Standard quantity allowed for good production 195,800 pages Actual quantity purchased during August 230,000 pages Actual quantity used in August 200,000 pages Standard unit price Br 0.15 per page Required: Calculate the total cost of purchases for August. Compute the material price variance on the bases of purchase Calculate the material quantity variance. Total FBV