Parker Plastic, Incorporated, manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows:

	Standard Quantity		Standard Price (Rate)		Standard Unit Cost
Direct materials (plastic)	8	square foot	$ 1.20	per square foot	$ 9.60
Direct labor	0.3	hour	$ 13.30	per hour	3.99
Variable manufacturing overhead (based on direct labor hours)	0.3	hour	$ 2.40	per hour	0.72
Fixed manufacturing overhead ($599,040 936,000 units)					0.64

Parker Plastic had the following actual results for the past year:

Number of units produced and sold	1,300,000
Number of square feet of plastic used	12,700,000
Cost of plastic purchased and used	$ 13,970,000
Number of labor hours worked	334,000
Direct labor cost	$ 4,141,600
Variable overhead cost	$ 1,620,000
Fixed overhead cost	$ 391,000

Calculate Parker Plastics direct materials price and quantity variances