Oriole Company's standard materials cost per unit of output is $10 (2 kg $5). During July, the company purchases and uses 3,300 kg of materials costing $16,863 in making 1,540 units of finished product.

alculate the total, price, and quantity materials variances. (Round per unit calculations to 2 decimal places, e.g. 1.25 and final answers to 0 decimal places, e.g. 125.)

Total materials variance		$?t		select an option Favourable/UnfavourableNeither favourable nor unfavourable
Materials price variance		$?		select an option Neither favourable nor unfavourable/Unfavourable/Favourable
Materials quantity variance		$?		select an option Favourable/Neither favourable nor unfavourable/Unfavourable