Mitchell Products manufactures faux boulders to be used in various landscaping applications. A special resin is used to make the boulders. The standard quantity of resin used for each boulder is $2$ pounds. Mitchell Products uses a standard cost of $$1\mathrm{.}80$ per pound for the resin. The company produced $11,000$ boulders in June. In that month, $21,750$ pounds of resin were purchased at a total cost of $$43,500.$ A total of $21,500$ pounds were used in producing the boulders in June.Requirements Calculate the direct material price variance.Calculate the direct material quantity variance.