$3$

The following standards have been established for a raw material used to make product O$84$:

Standard quantity $of$ the material per unit $of$ output

Standard price $of$ the material

$$19\mathrm{.}00$ per meter

$9$

The following data pertain to a recent month's operations:

points

$00$:$22$:$58$

$\backslash$table$[[$Actual material purchased,$5,200$ meters$],[$Actual cost of material purchased,$101,490$ meters$],[$Actual material used in production,$5,000$ meter$],[$Actual output,$670$ units of product $084]]$

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?

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).$ Input all amounts as positive values.

$\backslash$table$[[$a$.$ Materials price variance,$$,0,\frac{?}{\text{b}\text{a}\text{r}}(N)$