During March, Manhattan Fabrics Corporation manufactured 1,000 units of a special multilayer fabric with the trade name Stylex. The following information from the Stylex production department also pertains to March.

Direct material purchased: 36,000 yards at $1.38 per yard	$	49,680
Direct material used: 19,000 yards at $1.38 per yard		26,220
Direct labor: 4,200 hours at $9.15 per hour		38,430

The standard prime costs for one unit of Stylex are as follows:

Direct material: 20 yards at $1.35 per yard	$	27
Direct labor: 4 hours at $9.00 per hour		36
Total standard prime cost per unit of output	$	63
Compute the following variances for the month of March: Direct Material Purchase Price VAriance Direct Materical Price Variance