Question 4 The standard cost of product B manufactured by Bhaskara Company includes 3 units of direct materials at $5.70 per unit. During June, the company purchases 29,000 units of direct materials at a cost of $5,36 per unit and uses 29,000 units of direct materials to produce 9,500 units of product Your answer is correct Catouinto the materials Variance, and the price and quantity variances. 7010 Materiais variance Favourable 9860 Favourable Materials price variance 2050 Untourable Materiale quantity variance SHOW SOLUTION (6) Your answer is incorrect. Try again Calculate the materiais variance, and the price and quantity variances, assuming the purchase price is $5.87 and the quantity purchased and used is 28,000 units Material variance 17215 Favourable 14280 Materials price variance Favourable 2935 Materials quantity variance Unfavourable