Charlatte Company has determined that the standard cost to manufacture its product includes 2units of direct materials at $6.00per unit. During January, the company purchased 50,800units of direct materials at a cost of $5.80 per unit and used 50,800units of direct materials to produce 23,400units of its product.

Calculate the total materials variance, and the price and quantity variances.

For all 3 below provide the amount and if Favourable/UN Favourable/ or none?