Craigs Company's budget permits one pound of material to be used for each unit produced. The budget indicates that the material costs $3.70 per pound. Actual units produced totaled 10,000. The company used a total of 9,800 pounds of material at an actual cost of $3.90 per pound. There was no beginning or ending inventories of raw materials. The input price and input quantity variances, respectively, would be: a) Input price: Favorable Input quantity: Favorable b) Input price: Unfavorable Input quantity: Favorable c) Input price: Unfavorable Input quantity: Unfavorable d) Input price: Favorable Input quantity: Unfavorable