Current Attempt in Progress The standard cost of product 777 includes 2.1 units of direct materials at $6.20 per unit. During August, the company bought 28,600 units of materials at $6.35 and used those materials to produce 14,000 units. Compute the total, price, and quantity variances for materials. Total materials variance $ Materials price variance $ Materials quantity variance $ Unfavorable Neither favorable nor unfavorable Favorable