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Swifty Company's standard materials cost per unit of output is $9.40 (2.00 pounds x $4.70). During July, the company purchases and uses 3,080 pounds of

Swifty Company's standard materials cost per unit of output is $9.40 (2.00 pounds x $4.70). During July, the company purchases and uses 3,080 pounds of materials costing $ 16,632 in making 1,400 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, eg. 52) Total materials variance Materials price variance $ Materials quantity variance $

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