Hanson Inc. has the following direct material standard to manufacture one Widget: 1.5 pounds per Widget at $4.00 per pound Last week, 1,900 pounds of material were purchased and 1,650 pounds of material was used to make 1,000 Widgets. The material cost a total of $7,220. Note: The quantity purchased was not the same as quantity used. You will need to use quantity purchased as "actual quantity" for the price variance. You will need to use quantity used as "actual quantity" for the quantity variance. a. Compute the Materials Price Variance [Select] b. Compute the Materials Quantity Variance [Select]