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The standard cost of product 999 includes 2 units of direct materials at $5.95 per unit. During August, the company bought 27,000 units of materials
The standard cost of product 999 includes 2 units of direct materials at $5.95 per unit. During August, the company bought 27,000 units of materials at $6.15 and used those materials to produce 14,000 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 0 decimal places, e.g. 125.)
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