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The standard cost of Product B manufactured by Wildhorse Company includes 3 . 5 units of direct materials at $ 5 . 4 0 per

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The standard cost of Product B manufactured by Wildhorse Company includes 3.5 units of direct materials at $5.40 per unit. During June, 27,300 units of direct materials are purchased at a cost of $5.15 per unit, and 27,300 units of direct materials are used to produce 7,700 units of Product B.
(a)
Compute the total materials variance and the price and quantity variances.
\table[[Total materials variance,$,],[Materials price variance,$,$
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