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The standard cost of product 999 includes 2 units of direct materials at $5.80 per unit. During August, the company bought 27,100 units of
The standard cost of product 999 includes 2 units of direct materials at $5.80 per unit. During August, the company bought 27,100 units of materials at $6.00 and used those materials to produce 14,050 units. Calculate the total, price, and quantity variances for materials. (Round per unit calculations to 2 decimal places, e.g. 1.25 and final answers to O decimal places, e.g. 125.) Total material variance Materials price variance Materials quantity variance A A A -380 Favourable 5420 i Unfavourable -5800 Favourable
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