The standard cost of product B manufactured by Waterway Company includes $3$ units of direct materials at $$5\mathrm{.}55$ per unit. During

June, the company purchases $29,000$ units of direct materials at a cost of $$5\mathrm{.}22$ per unit and uses $29,000$ units of direct materials to

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

b$)$ Calculate the materials variance, and the price and quantity variances, assuming the purchase price is $$5\mathrm{.}72$ and the quantity

purchased and used is $28,000$ units.