BACK Exercise 15 5 (Part Level Submission) B manufactured by Blue Company includes 2.80 units of direct materials at $6.70 per unit. During June, 27,000 units of direct materials are purchased at a cost of $6.50 per unit, and 27,000 units of direct materials are used to produce 9,600 units of Product B. Compute the total materials variance and the price and quantity variances Total materials variance Naterials price variance Materials quantity variance