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please help thank you. The following materials standards have been established for a particular product: The following data pertain to operations concerning the product for

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The following materials standards have been established for a particular product: The following data pertain to operations concerning the product for the last month: The direct materials purchases variance is computed when the materials are purchased. Required: a. What is the materials price variance for the month? (Input the amount as a positive volue, Leove no cells blank - be certain to enter " O " wherever required. Indicate the effect of each voriance by selecting " F " for favorable, " U " for unfovorable, and "None" for no effect (i.e, zero variance). Omit the " $ " sign in your response.) The direct materials purchases variance is computed when the materials are purchased. Required: o. What is the materials price variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter " O " wherever required. Indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "\$" sign in your response.) b. What is the materials quantity variance for the month? (Input the omount a as positive value. Leave no cells blank - be certain to enter " O " wherever required. Indicote the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "None" for no effect (i.e., zero voriance). Omit the " $ " sign in your response.)

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