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The standard cost of Product B manufactured by Blossom Company includes 26 units of direct materials at $6.00 per unit. During June, 26,700 units of

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The standard cost of Product B manufactured by Blossom Company includes 26 units of direct materials at $6.00 per unit. During June, 26,700 units of direct materials are purchased at a cost of $5.90 per unit, and 26,700 units of direct materials are used to produce 10,100 units of Product B. (a) Compute the total materials variance and the price and quantity variances, 5 Totalm al materials variance Materials price variance 5 Materials quantity variance $ (b) Compute the total materials variance and the price and quantity variances, assuming the purchase price is $6.05 and the quantity purchased and used is 26,500 units. Total materials variance 5 > Materials price variance s Materials quantity variance $

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