Your answer is partially correct. Simba Company's standard materials cost per unit of output is $10.35 (2.30 pounds x $4.50). During July, the company purchases and uses 2,783 pounds of materials costing $14,750 in making 1,100 units of finished product. Compute the total, price, and quantity materials variances. (Round per unit values to 2 decimal places, eg. 52.75 and final answers to 0 decimal places, eg. 52,) 1138.5 Favorable Total materials variance Materials price variance Materials quantity variance 2226.4 Unfavorable $ 3365 Unfavorable