Question: Sprout Pharmaceuticals produces a single drug named Addyi. At the beginning of the year, they had the following standard costs for one bottle of 30 tablets: Direct materials (10 grams @ $3.20 per grams) $ 32.00 The actual results for the year are: Units produced Direct materials purchased and used in grams Direct materials cost per gram 70,000 665,000 3.40 $ Required: Calculate the material variances and use your solution to answer the following questions. NOTE: Please enter all variances as positive numbers. The amount of the direct material price variance is $ A Indicate if the direct material price variance is favourable (enter the letter F) or unfavourable (enter the letters UF). The amount of the direct material usage variance (also called efficiency variance) is A Indicate if the direct material usage variance is favourable (enter the letter F) or unfavourable (enter the letters UF). A The total material variance, also called the direct material flexible budget variance, is $ Indicate if the total material variance is favourable (enter the letter F) or unfavourable (enter the letters UF). A