Ceelo Company purchased (at a cost of $8,245) and used 1,700 pounds of materials during May. Ceelos standard cost of materials per unit produced is based on 2 pounds per unit at a cost $5.00 per pound. Production in May was 780 units. (a) Compute the total, price, and quantity variances for materials. Total Materials Variance $ Materials Price Variance $ Materials Quantity Variance $