7 of 10 < > View Policies Current Attempt in Progress The following information is available for Waterway's Chocolates: Actual production 4,800 boxes Budgeted production 3,330 boxes Direct Materials Standard Actual 2 pounds of chocolate per box @ $5.00 per pound 8,600 pounds purchased @ $5.10 per pound 9.100 pounds used (a) Calculate the direct materials price and quantity variances $ Direct material price variance $ Direct material quantity variance eTextbook and Media Save for Later -/10 Attempts: 0 of 3 used Sunet Ar