Epoch Creations has provided the following information for May 2017: Direct materials Standard quantity 3.50 pounds Standard price $12.00 per pound Standard cost $42.00 per unit Budgeted output 8,000 units Actual output 8,200 units Raw materials used in production 29,500 pounds Purchases of raw materials 28,750 pounds Actual price of raw materials $11.90 per pound (1) Epoch's material price variance for May is _______. (2) Epoch's material quantity variance for May is _______.