Marx Tees is a manufacturer of T-shirts. The standard amount of 100% cotton jersey fabric used to make each T-shirt is 2.40 yards. The standard price per yard of the fabric is $2.84. During last month, Marx purchased 6,200 yards of the jersey fabric for $17,360. The production department used 5,300 yards to produce 1,600 T-shirts during the month. Compute the material price and quantity variances. (Round answers to o decimal places, e.g. 125. Enter all variances as a positive number.) Material Price Variance Material Quantity Variances LINY TO TEYT