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The standard cost of product 777 includes 2.0 units of direct materials at $6.00 per unit. During August, the company bought 29,000 units of materials

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The standard cost of product 777 includes 2.0 units of direct materials at $6.00 per unit. During August, the company bought 29,000 units of materials at $6.30 and used those materials to produce 16,000 units. Compute the total, price, and quantity variances for materials. TotalmaterialsvarianceMaterialspricevariance$$ Materials quantity variance $

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