The standard cost of Ed's Trykes includes two units of direct materials at $8.00 per unit.During June, the company buys 22,000 units of direct materials at $7.80 and uses those materials to produce 12,000 Ed's Trykes.

Compute the materials price variance, the materials quantity variance, the total materials variance.Indicate whether the variance is favorable or unfavorable.Figure the solutions below and record your final answers in the space provided.

Materials Price Variance: _________________Favorable or Unfavorable ____________

Materials Quantity Variance: _______________Favorable or Unfavorable ____________

Total Materials Variance: _________________Favorable or Unfavorable ______________

Direct Material: