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Fill in the appropriate amounts in the following Adam Corporation variance report. (Round actual and standard price to 2 decimal places, e.g. 52.75.) ADAM CORPORATION Variance ReportPurchasing Department for Week Ended January 9, 2016 Type of Material s Quantity Purchased Brown Actual Price Standard Price $5.25 $5.00 Price Variance $6,000 Explanatio n Price increase lbs. Green 8,000 oz. White 22,000 units 3.25 $0.45 Click if you would like to Show Work for this question: 1,600 Unfavorable 660 Favorable Open Show Work Rush order Bought larger quantity