Do It! Review 23-2 The standard cost of product 777 includes 2.3 units of direct materials at $5.5 per unit. During August, the company bought 29,300 units of materials at $5.65 and used those materials to produce 13,000 units. Compute the total, price, and quantity variances for materials. Total materials variance Materials price variance Materials quantity variance s Click if you would like to Show Work for this question: Open Show Work