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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 2,700 pounds of

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 2,700 pounds of materials costing $14,580 in making 1,500 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 $

.

FavorableNeither favorable nor unfavorableUnfavorable

Materials price variance $

UnfavorableFavorableNeither favorable nor unfavorable

Materials quantity variance $

UnfavorableFavorableNeither favorable nor unfavorable

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