Current Attempt in Progress Sandhill, inc, purchased 1.800 pounds of direct materials at a price of $1:30 per pound. The standard price of the material is $1.40 per pound, Sandhill used 1.600 pounds in production while the standard pounds allowed for actual production was 1.400 . Calculate the direct materials price and quantity variances and indicate whether the variances are favorable or unfavorable Direct materials price variance Directmaterials quantity variance