Exercise 6-13 The following information is available for Chad's Chocolates: Actual production 2,800 boxes Budgeted production 3,200 boxes Direct Materials Standard Actual 1.5 pounds of chocolate per box @ $8.00 per pound 6,000 pounds purchased$7.50 per pound 4,360 pounds used $7.50 per pound (a) Calculate the direct materials price and quantity variances. (Round answers to O decimal places, e.g. 125. Ifvariance is zero, select "Not Applicable" and enter O for the amounts.) Direct material price variance Direct material quantity variance