Simba Company's 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 O decimal places, e.g. 52.) Total materials variance $ 2,280 Favorable Materials price variance Materials quantity variance $ eTextbook and Media Save for Later Last saved 1 second ago. Attempts: 0 of 3 used Submit