The standard cost of Product B manufactured by Sheridan Company includes 2.2 units of direct materials at $6.10 per unit. During June, 27,200 units of direct materials are purchased at a cost of $5.90 per unit, and 27,200 units of direct materials are used to produce 12,200 units of Product B. (a) Compute the total materials variance and the price and quantity variances.

Total materials variance		$enter a dollar amount		select an option UnfavorableFavorableNeither favorable nor unfavorable
Materials price variance		$enter a dollar amount		select an option FavorableNeither favorable nor unfavorable
Materials quantity variance		$ enter a dollar amount select an option select option favorable neither favorable nor unfavorable