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$4$

The following standards have been established for a raw material used to make product $084$:

Standard quantity of the material per unit of output

Standard price of the material

$7\mathrm{.}6$ meters

$ $18\mathrm{.}80$ per meter

The following data pertain to a recent month's operations:

$00$:$10$:$13$

Actual material purchased

Actual cost of material purchased

Actual material used in production

$3,900$ meters

$$76,830$

$3,600$ meters

$550$ units $of$ product $084$

Actual output

The direct materials purchases variance is computed when the materials are purchased.

Required:

a$.$ What is the materials price variance for the month?

b$.$ What is the materials quantity variance for the month?

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).$ Input all amounts as positive values.