Question 4 1.5 / 3 pts Beautiful Flowers, Inc. (BFI) produces flower arrangement products. The company expects to pay $8.00 per ounce for their raw materials. BFL purchased 3,848 ounces of materials during the month of March for $9.30 per ounce. A standard of 1.80 ounces of material is expected to be used for each flower arrangement product produced. Even though BFI expected to produce 1,006 finished products, they actually produced 1,049 finished flower arrangement products during the month of March and used 1,864.20 ounces of raw materials. Round your final answers to the nearest whole dollar/input code o Enter a favorable variance as a positive number (no sign needed) Enter an unfavorable variances as a negative number (minus sign in front of the digits) How much is the Price Variance? $ -3774 How much is the Quantity Variance? $ 192 Answer 1: You Answered -3774 Correct Answer -5002