Question: hi I do not know why I got this question wrong. thanks for the help! The standard cost of Product B manufactured by Pharrell Company
hi I do not know why I got this question wrong. thanks for the help!

The standard cost of Product B manufactured by Pharrell Company includes 2.3 units of direct materials at $6.7 per unit. During June, 26,800 units of direct materials are purchased at a cost of $6.65 per unit, and 26,800 units of direct materials are used to produce 11,500 units of Product B. (3) Compute the total materials variance and the price and quantity variances. :1 3| ............................................................ Total materials variance $| 2997' 5 Unfavorable 9 E! ./ Materials price variance $I 4005 l I Favorable 3' El .1 Materials quantity variance $I 1008 l I Unfavorable 3' (b) Compute the total materials variance and the price and quantity variances, assuming the purchase price is $6.75 and the quantity purchased and used is 26,700 units. E! Total materials variance $| 2908 l I Unfavorable GI B! Materials price variance $I 1340 l I Unfavorable 3' 31:] Materials quantity variance $ 1568 I Unfavorable 3
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