The following information is presented for the Munter Manufacturing Company.

• Direct material price standard is \($3.25\) per pound.

• Direct material quantity standard is six pounds per finished unit.

• Budgeted production is 25,000 finished units.

• 175,000 pounds of direct material were purchased for $559,650.

• 155,200 pounds of direct material were used in production.

• 25,600 finished units of product were produced.

Required:

a. Determine the direct material price variance.

b. Determine the direct material quantity variance in dollars.