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PRINTER VERSION * BACK 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 $5.97 and the quantity purchased and used is 28,000 units Materials variance Materials price variance Materials quantity variance LINK TO TEXT EARL evitmain uni X Return to Blackboard Send Managerial Accounting, Finth Canadian Edition PRINTEN VLON NEXEI Question 4 The standard cost of product B manufactured by Bhaskara Company Indudes 3 units of direct materials at $5.00 per unit. During June, the company purchases 29,000 units of direct materials at a cost of $5.45 per unit and uses 29,000 units of direct materials to produce 9,500 units of product B. (a)