Jackson, Inc., is a manufacturer of lead crystal glasses. The standard materials quantity is 0.9 pound per glass at a price of $0.44 per pound. The actual results for the production of 6, 900 glasses was 1.4 pounds per glass, at a price of $0.54 per pound. Requirement Calculate the materials price variance and the materials efficiency variance Requirement The materials price variance is $. (Enter your answer as a positive number.)