The Following Materials Standards Have Been Established for a Particular

The following materials standards have been established for a particular product:
$\begin{array}{|l|r|}\hline \text { Standard quantity per unit of output } & 9.4 \text { kilograms } \\\hline \text { Standard price } & \$ 16.90 \text { per kilograms } \\\hline\end{array}$
The following data pertain to operations concerning the product for the last month:
$\begin{array}{|l|r|}\hline \text { Actual materials purchased } & 7,300 \text { kilograms } \\\hline \text { Actual cost of materials purchased } & \$ 116,435 \\\hline \text { Actual materials used in production } & 7,100 \text { kilograms } \\\hline \text { Actual output } & 740 \text { units } \\\hline\end{array}$
Required:
a)What is the materials price variance for the month?
b)What is the materials quantity variance for the month?