Question 3 2.5 pts During February, the company produced 55,410 units using 55,824 pounds purchased at 0.03 per pound. The standard price per pound is $.01 and the standard quantity is 18 pounds per unit. Calculate the Material Price Variance to the nearest one dollar. If the variance is favorable, put - sign in from of the answer. If the variance is unfavorable, leave the answer positive. As always, leave out all commas and dollar signs. Question 4 2.5 pts During September, the Company produced 42,410 units using 76,253 pounds purchased at 0.02 per pound. The standard price per pound is $.01 and the standard quantity is 18 pounds per unit. Calculate the Material Quantity Variance to the nearest one dollar. If the variance is favorable, put- sign in from of the answer. If the variance is unfavorable, leave the answer positive. As always, leave out all commas and dollar signs. f