The following standards have been established for a raw material used to make product 192: Standard quantity of the material per unit of output 4.5 pounds Standard price of the material $13.90 per pound The following data pertain to a recent month's operations: Actual material purchased 2,000 pounds Actual cost of material purchased $26, 200 Actual material used in production 1, 300 pounds Actual output 220 units of product 192 The direct materials purchases variance is computed when the materials are purchased. What is the materials price variance for the month? What is the materials quantity variance for the month