During February, the company produced 53,656 units using 70,595 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 30,527 units using 79,554 pounds purchased at 0.05 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. f