please anwer this!:)

Waterways Corporation uses very stringent standard costs in evaluating its manufacturing efficiency. These standards are not ideal" at this point, but the management is working toward that as a goal. At present, the company uses the following standards. Materials Per unit Item Cost Materials 216. 80.00c per lb. Direct labor Item Per unit Cost Labor 15 min $9.00 per hr. Predetermined overhead rate based on direct labor hours = $3.56 The January figures for purchasing, production, and labor are The company purchased 218,100 pounds of raw materials in January at a cost of 78c a pound. Production used 218,100 pounds of raw materials to make 110.000 units in January Direct labor spent 18 minutes on each product at a cost of $8.80 per hour. Overhead costs for January totaled $29,519 variable and $73,000 fixed Answer the following questions about standard costs. (c) What is the total materials variance? (Round per unit calculations to 2 decimal places, eg. 1.25 and final answer to 0 decimal places, eg. 125.) Total materials variance e Textbook and Media Attempts: unlimited Submit Answer Save for Later