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The standard cost of product B manufactured by Bhaskara Company includes 3 units of direct materials at $5.05 per unit. During June, the company purchases
The standard cost of product B manufactured by Bhaskara Company includes 3 units of direct materials at $5.05 per unit. During June, the company purchases 29,000 units of direct materials at a cost of $4.75 per unit and uses 29,000 units of direct materials to produce 9,500 units of product B. Calculate the materials variance, and the price and quantity variances. $ Materials variance $ Materials price variance $ Materials quantity variance Calculate the materials variance, and the price and quantity variances, assuming the purchase price is $5.20 and the quantity purchased and used is 28,000 units. $ Materials variance $ Materials price variance $ Materials quantity variance
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