The standard cost of product B manufactured by Blue Spruce Company includes 3 units of direct materials at $5.25 per unit. During June, the company purchases 29,000 units of direct materials at a cost of $4.94 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. eTextbook and Media Calculate the materials variance, and the price and quantity variances, assuming the purchase price is $5.41 and the quantity purchased and used is 28,000 units. Calculate the materials variance, and the price and quantity variances. eTextbook and Media Calculate the materials variance, and the price and quantity variances, assuming the purchase price is $5.41 and the quantity purchased and used is 28,000 units