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+ HW Chapter 17 Question 7 of 9 1.5/3 The standard cost of Product B manufactured by Bramble Company includes 3units of direct materials at
+ HW Chapter 17 Question 7 of 9 1.5/3 The standard cost of Product B manufactured by Bramble Company includes 3units of direct materials at $3.00per unit. During June 35.800units of direct materials are purchased at a cost of $2.7Oper unit, and 35,800units of direct materials are used to produce 11,720units of Product B. (a) Compute the total materials variance and the price and quantity variances, Total materials variance $ 6620 Favorable Materials price variance $ 11100 Favorable Materials quantity variance 4480 Unfavorable (b) Compute the total materials variance and the price and quantity variances, assuming the purchase price is $3.15 and the quantity purchased and used is 35.000units. Total materials variance $ 4310 Unfavorable Materials price variance $ 5430 Unfavorable Materials quantity variance $ 1120 Favorable
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