During February, the company produced 47,329 units using 51,769 pounds purchased at 0.04 per pound. The standard price per pound is $.01 and the standard quantity is 18 pounds per unit. Calculate the Material Price Variance to the nearest one dollar. If the variance is favorable, put - sign in from of the answer. If the variance is unfavorable, leave the answer positive. As always, leave out all commas and dollar signs. Question 4 2.5pts During September, the Company produced 39,195 units using 72,681 pounds purchased at 0.07 per pound. The standard price per pound is $.01 and the standard quantity is 18 pounds per unit. Calculate the Material Quantity Variance to the nearest one dollar. If the variance is favorable, put sign in from of the answer. If the variance is unfavorable, leave the answer positive. As always, leave out all commas and dollar signs. 1