The standard cost of product 777 includes 2.8 units of direct materials at $6.3 per unit. During August, the company bought 29,600 units of materials at $6.55 and used those materials to produce 10,900 units. (Pull-down options: favorable, unfavorable, neither)

Do It! Review 25-2 The standard cost of product 777 includes 2.8 units of direct materials at $6.3 per unit. During August, the company bought 29,600 units of materials at $6.55 and used those materials to produce 10,900 units. Compute the total, price, and quantity variances for materials. Total materials variance Materials price variance Materials quantity variances LINK TO TEXT