The following direct materials data pertain to the operations of Pina Colada Co. for the month of December. The standard cost card shows that a finished product contains 4 pounds of materials. The 16,890 pounds were purchased in December at a discount of 4% from the standard price. In December, 4,100 units of finished product were manufactured. Calculate the materials variances. Identify whether each variance is favorable or unfavorable. Materials Price Variance $ Materials Quantity Variance $ Total Materials Variance $ Attempts: 0 of 1 used