Granger Tees is a manufacturer of T-shirts. The standard amount of 100% cotton jersey fabric used to make each T-shirt is 3.00 yards. The standard price per yard of the fabric is $2.52. During last month, Granger purchased 6,200 yards of the jersey fabric for $13,640. The production department used 5,000 yards to produce 1,600 T-shirts during the month.

Compute the material price and quantity variances.(Round answers to 0 decimal places, e.g. 125. Enter all variances as a positive number.)

Material Price Variance$

Neither Unfavorable nor Favorable

Unfavorable

Favorable

Material Quantity Variance$

Favorable

Unfavorable

Neither Unfavorable nor Favorable