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Blue Companys standard materials cost per unit of output is $12 (2 pounds x $6). During July, the company purchases and uses 3,300 pounds of

Blue Companys standard materials cost per unit of output is $12 (2 pounds x $6). During July, the company purchases and uses 3,300 pounds of materials costing $20,031 in making 1,500 units of finished product. Compute the total, price, and quantity materials variances. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 52.)

Total materials variance

$enter a dollar amount rounded to 0 decimal places

select an option Neither favorable nor unfavorable, Unfavorable, Favorable
Materials price variance

$enter a dollar amount rounded to 0 decimal places

select an option Favorable, Neither favorable nor unfavorable, Unfavorable
Materials quantity variance

$enter a dollar amount rounded to 0 decimal places

select an option Neither favorable nor unfavorable, Favorable, Unfavorable

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