Question 23 Charlatte Company has determined that the standard cost to manufacture Its product Includes 2 units of direct materials at $6.00 per unit. During January, the company purchased 50,000 unlts of direct materials at a cost of $5.80 per unit and used 50,000 units of direct materlals to produce 23,000 units of Its product Calculate the total materials varlance, and the price and quantity varlances Materials Variance Materials Price Variance Materials Quantity Variance