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The standard cost of product 999 includes 2 units of direct materials at $6.00 per unit. During August, the company bought 28,600 units of
The standard cost of product 999 includes 2 units of direct materials at $6.00 per unit. During August, the company bought 28,600 units of materials at $6.20 and used those materials to produce 14,800 units. Calculate the total, price, and quantity variances for materials. (Round per unit calculations to 2 decimal places, eg. 1.25 and final answers to O decimal places, e.g. 125.) Total material variance $ Materials price variance $ Materials quantity variance $ eTextbook and Media Neither favourable nor unfavourable Unfavourable Favourable
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