Simba Companys standard materials cost per unit of output is $8.20 (2.00 pounds x $4.10). During July, the company purchases and uses 2,340 pounds of materials costing $12,402 in making 1,300 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 0 decimal places, e.g. 52.)

Total materials variance

$enter a dollar amount rounded to 0 decimal places

select an option FavorableNeither favorable nor unfavorableUnfavorableMaterials price variance

Materials price variance

$enter a dollar amount rounded to 0 decimal places

select an option FavorableNeither favorable nor unfavorableUnfavorableMaterials quantity variance

Materials quantity variance

$enter a dollar amount rounded to 0 decimal places

select an option UnfavorableFavorableNeither favorable nor unfavorable