DM variances rather than the standard cost of 52.10 per pound. The purchasing agent purchases 240,000 pound of matehal on Moy 31 . Durigg the next four monthsy the compary/s productian and matertal Ltage was as follows: Note: Round all of your final answers below to the nesesest whole dollar a. What is the matelal price variance for this purchase? Note: Do not ise a negative sign with your answer. Material price vastanice $ b. What is the matetal quadtity variance for each month for this materiat Note: Do not ure a negativesign wah your answers