Check my work The cost accountant for Blue Pharmaceuticals has informed you that the company's materials quantity variance for the drug Allegro was exactly equal to its materials price variance for the year. The company's normal level of production is 80 batches of Allegro per year. However, due to uncertainties regarding foundation funding, it produced only 60 batches during the current year. Other cost Information regarding Allegro's direct materials is as follows. Standard price per gram of material Actual kilograms purchased and used during the year Actual cost of materials purchased during the period Number of grams per kilogram 18 150 kg $2,700,000 1,000 grams a. Compute Blue's materials price variance. b. Compute the standard quantity of materials allowed per batch of Allegro produced. c. Why would you not expect Blue to have a large materials quantity variance? Complete this question by entering your answers in the tabs below. Required A Required B Required Compute Blue's materials price variance. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable" Select "None" and enter "0" for no effect (I.e., zero variance).) Materials price variance my word The cost accountant for Blue Pharmaceuticals has informed you that the company's materials quantity variance for the drug Allegro was exactly equal to its materials price variance for the year. The company's normal level of production is 80 batches of Allegro per year. However, due to uncertainties regarding foundation funding, it produced only 60 batches during the current year. Other cost information regarding Allegro's direct materials is as follows. Standard price per gram of material Actual kilograms purchased and used during the year Actual cost of materials purchased during the period Number of grams per kilogram $ 18 150 kg $2,700,000 1.000 grams a. Compute Blue's materials price variance. b. Compute the standard quantity of materials allowed per batch of Allegro produced, c. Why would you not expect Blue to have a large materials quantity variance? Complete this question by entering your answers in the tabs below. Required a Required B Required C Compute the standard quantity of materials allowed per batch of Allegro produced. Materials quantity grams/batch Required