Parker Plasti, ine, manufactures plastic mats to use with rolling office chairs. Pas standard cost information for last year follow Standart Sandard Quan Standard Price (Ratel Unit Cout Direct materiais plast) 12 5 1.10 per $13.20 Direct labor 0.25 $13.20 per Variatie manufacturing overhead (based on 0.25 $ 220 per 055 direct labot hours) Feed manufacturing overhead 5579,00 02 094.000 330 Parker Plastic had the following actual results for the past year Number of units produced and Number of square foot of the Cost of plastic purchased and used Number of labor hours worked Direct laborou Variabile vechead out Fixed ovestead out 1.200.000 12.000.000 S 12.000.000 a32.000 403 000 $ 1.500.000 5 39.000 Required: Calculate Parker Plaster's direct materials price and quantly variance. (Do not round Intermediate calculations, indicate the effect of each variance by electing for tevorablu, "Ufor untavorable) Direct Material Price Varance Direct Material antay Variance