Tuff Stuff has set standards - listed below - that Tuff uses for the raw materials used in manufacturing their tough blankets which are called "007". Standard quantity of the material per unit of output 7.6 meters Standard price of the material $ 18.80 per meter The following data pertain to a recent month's operations at Tuff: Actual material purchased 3,900 meters Actual cost of material purchased $ 76,830 Actual material used in production 3,600 meters Actual output 550 units of product.

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?