I need help with 1 and 2, thank you.

Chapter 10 takes a deeper look at understanding cost variances related to materials, labor, and overhead. Management does this by using standard costs to break down spending variances into two parts - a part that measures how well prices of resources were controlled and a part that measures how efficiently those resources were used. Requirements: 1. Use the variance formulas from Chapter 10 and consider the following: 1. Why are separate price and quantity variances computed? 2. If the materials price variance is favorable but the materials quantity variance is unfavorable, what might this indicate