Talia Compuny produces a single product. The company has set standards as follows for materiais and labour: During the past month, the company purchased 3,000 kilograms of direct materials at a cost of $8,250. All of this material was used in the production of 700 units of product. Direct labour cost totalled $6,825 for the month. The following variances have been computed Required: 1. Compute the following for direct labout, 2. Compute the following for materials price variance (Round your answers to 2 decimol places.)