Materials Variances Bava Inc., produces plastic cans. Production of 11-gram cans has a standard unit quantity of 4.4 grams of plastic per can. During the month of April, 301,000 cans were produced using 1,251,000 grams of plastic. The actual cost of plastic was $0.19 per gram and the standard price was $0.1 per gram. There are no beginning or ending inventories of plastic. Required: Calculate the materials price and usage variances using the columnar and formula approaches. If required, round your answers to the nearest dollar. Materials Price Variance Material Usage Variance