Calculate the direct material price variance. Calculate the direct material quantity variance

Direct materials 101b@ S2.60/1b Direct I abor 2 hours @ $22.50/hour V ariable overhead 2 hours@ S 18/hour Fixed overhead Total Budgeted production 7,000 units Actual results Material purchased 74,950 lbs Material used 74,600 lbs Direct labor 15,530 actual hours Variable overhead Fixed overhead Units produced 7,400 units Calculate the direct material price variance Calculate the direct material quantity variance. per unit 26.00 45.00 36.00 25.00 132.00 $192,200 S339,500 $286,600 $171,400