Question 12 Swifty Company's standard materials cost per unit of output is $8.20 (2.00 pounds x $4.10). During July, the company purchases and uses 2,640 pounds of materials costing $13,992 in making 1,200 units of finished product. Compute the total, price, and quantity materials variances. (Round per unit values to 2 decimal places, e.g. 52.75 and final answers to O decimal places, e.g. 52.) Total materials variance Materials price variance Materials quantity variance By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor