The standard cost of product B manufactured by Metlock Company includes $3$ units of direct materials at $$5\mathrm{.}95$ per unit. During June,

the company purchases $29,000$ units of direct materials at a cost of $$5\mathrm{.}59$ per unit and uses $29,000$ units of direct materials to produce

$9,500$ units of product $B.$

$($a$)$

Calculate the materials variance, and the price and quantity variances.

Materials variance

Materials price variance

Materials quantity variance

$

Unfavourable

$($b$)$

Calculate the materials variance, and the price and quantity variances, assuming the purchase price is $$6\mathrm{.}13$ and the quantity

purchased and used is $28,000$ units.

Materials variance

Materials price variance

Materials quantity variance