Cullumber, Inc. uses a standard cost system in which direct materials are carried at standard cost. Standards for one unit of product are: standard quantity of $8\mathrm{.}5$ gallons and standard price $$1\mathrm{.}90$ per gallon. During March, Cullumber purchased $151,400$ gallons of direct materials at a cost of $$301,400$ and used $151,900$ gallons in production of $19,400$ units.

Calculate the direct materials price and quantity variances and indicate whether each variance is favorable or unfavorable.

Direct materials price variance

Direct materials quantity variance