Direct material per unit :7 pounds at $10 pound

Direct labor per unit : 3 hours at $14 per hour

variable overhead : 3 hours at $6 per hours

The planing budget for March was based on producing and selling 35,000 units. However, during March the company actually produced and sold 32,000 units and incurred the following

A- Purchased 245,000 pounds of raw material at a cost of $9.50 per pound . All of this materials was used in production

B- Direct labors worked 102,400 hours at a rate of $14.5 per hour.

C- Total variable manufacturing overhead for the month was $580,000

1- if Larawy had purchased 255,000 pounds of material at $9.5 per pound and used 245,000 pounds in production , what would be the materials price variance for March ?

2- if Larawy had purchased 255,000 pounds of material at $9.5 per pound and used 245,000 pounds in production , what would be the materials quantity variance for March