show the formula used and also steps to calculate each step in the solution

Your answer is partially correct. Try again Sprague Company's standard materials cost per unit of output is $10 ( 2 5 5). During July, the company purchases and uses 3.200 ko tel con $15.0 m Calculate the total price and quantity materials variances. (Round per unit calculations to 2 decimal places 1.25 and final answers to decimal places, offshed product g 1.500 125.) Total materials variance s Und svourable Materials price variance Unfavourable Materials quantity Varian