The standard cost of product B manufactured by Bhaskara Company includes 3 units of direct materials at $5.35 per unit. During June, the company purchases 29,000 units of direct materials at a cost of $5.03 per unit and uses 29,000 units of direct materials to produce 9,500 units of product B. (a) Your answer is correct. Calculate the materials variance, and the price and quantity variances. 6605 Materials variance Favourable Materials price variance 9280 Favourable 2675 Materials quantity variance Unfavourable SHOW SOLUTION LINK TO TEXT Attempts: 2 of 3 used (b) Your answer is partially correct. Try again. Calculate the materials variance, and the price and quantity variances, assuming the purchase price is $5.51 and the quantity purchased and used is 28,000 units. 3410 Materials variance Unfavourable 4480 Materials price variance Unfavourable X 1070 Materials quantity variance Favourable