Question: #6. Please help!! Part B: for Materials quanity/ variances answer was given as wrong but im not sure why. The standard cost of Product B

The standard cost of Product B manufactured by Pharrell Company includes 3.1 units (lb, kg, gal, oz, etc.) of direct materials at $6.10 per unit. During June, 26,900 units (lb, kg, gal, oz, etc.) of direct materials are purchased at a cost of $5.85 per unit, and 26,900 units ( (b,kg, gal, oz, etc.) of direct materials are used to produce 8,500 units of Product B. (Hint: 26,900 units are actual materials used. Calculate the standard quantity which is the amount of materials required for production by multiplying number of units produced and number of units required for each unit of production.) - When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign. - Round all answers to 2 decimal places such as 1.25. - Regardless of the variance outcome (favorable or unfavorable), you answer MUST be typed in absolute number. For example, your variance should be typed as 1,000 even if the outcome is 1,000. (a) Compute the total materials variance and the price and quantity variances. (b) Compute the total materials variance and the price and quantity variances, assuming the purchase price is $6.15 instead of $5.85 and the quantity purchased and used is 26,800 units. - When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign. - Round all answers to 2 decimal places such as 1.25. - Regardless of the variance outcome (favorable or unfavorable), you answer MUST be typed in absolute number. For example, your variance should be typed as 1,000 even if the outcome is 1,000. (a) Compute the total materials variance and the price and quantity variances. (b) Compute the total materials variance and the price and quantity variances, assuming the purchase price is $6.15 instead of $5.85 and the quantity purchased and used is 26,800 units
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