Imrie Corporation makes a product that uses a material with the quantity standard of 9.5 grams per unit of output and the price standard of $5.00 per gram. In January the company produced 2,900 units using 26,940 grams of the direct material. During the month the company purchased 28,900 grams of the direct material at $4.90 per gram. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for January is: A. $2,989 F B. $3,050 F C. $2,989 U D. $3,050 U

The materials price variance for January is: A. $2,755 U B. $2,890 F C. $2,890 U D. $2,755 F