CALCULATOR Your answer is partially correct. Try again. FULL SCREEN PRINTER VERSION BACK NET The standard cost of Product B manufactured by Pharrell Company includes 3.5 units of direct materials at $5.10 per unit. During June, 27,300 units of direct materials are purchased at a cost of $4.90 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. Total materiais variance 7 Favorable Materials price variance Favorable Materials quantity variance 1 Unfavorable Compute the total materials variance and the price and quantity variances, assuming the purchase price is $5.15 and the quantity purchased and used is 26,700 units. Total materiais variance Unfavorable 1 Materials price variance Unfavorable Materials quantity variance Favorable Thou Wort for this question: Can Show Work Your answer is partially correct. Try again. Edward Googal owns a garage and is contemplating purchasing a tire retreading machine for $19,000. After estimating costs and revenues, Edward projects a net cash inflow from the retreading machine of $4,180 annually for 11 years. Edward hopes to earn a return of 13% on such investments. What is the present value of the retreading operation? Should Edward Googal purchase the retreading machine? (For calculation purposes, use s decimal places as displayed in the factor table provided.) (Round answer to 2 decimal places, e.g. 15.25.) Click here to view the factor table (a) The present value of the retreading operation is chi Edward Goon should purchase the retreading machine. Click if you would like to Show Work for this question: Open Show Work