The following computation of the materials variances of Weitzen Foods is incomplete. The missing data are labeled (a) through (d).
Materials price variance = 4,000 pounds ×
[(a) standard price − $7.00 actual price] . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $800 Unfavorable
Materials quantity variance = (b) ×
[4,400 pounds − (c) actual quantity] . . . . . . . . . . . . . . . . . . . . . . . . . . ................ . . . . . . $ (d)
Supply the missing data for items (a) through (d). Prepare a caption describing the item, as well as indicating the dollar amount and physical quantity. Briefly explain each answer, including how you determined the amount.