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PLEASE ANSWER THIS QUESTION ASAP!! Gugma Corporation has established the following material standards for raw material HRYA, a major element of their best-selling product. During

PLEASE ANSWER THIS QUESTION ASAP!!

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Gugma Corporation has established the following material standards for raw material HRYA, a major element of their best-selling product. During the recent month ending, 7,200 grams of HRYA were purchased at P11.50 per gram. Of these 6,500 grams were used to produce 1,500 units of their product. Determine the following using the following data above: 1. Direct material price variance = 2. Direct material quantity variance =

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