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PRINTER VERSI 5 Materials variance 7250 Favourable Materials price variance 10150 Favourable Materials quantity variance 2900 Unfavourable SHOW SOLUTION LINK TO TEXT Attempts: 1 of 3 used (b) Calculate the materials variance, and the price and quantity variances, assuming the purchase price is $5.92 and the quantity purchased and used is 28,000 units. Materials variance Materials price variance $ Materials quantity variance $ ITV TO TY Return to Blackboard * S West Manager forenting, Finth Canadian Edition PUNTE VERSION HACK Question 5 Pagley Company's standard labour cost of producing one unit of product Dis 3.45 hours at the rate of $14.70 per hour. During August, 47,570 hours of labour are incurred at a cost of $15.00 per hour to produce 13,400 units of product DD. (a) Your answer is correct. Collapse question part Calculate the total labour variance Total labour variance 33969 Unfavourable SHOW SOLUTION LINK TO TEXT Attempts: 1 of 3 used (6) Your answer is correct. Calculate the labour price and quantity variances