The following information is available for Sheridan's Chocolates: Actual production Budgeted production 3,250 boxes 3,340 boxes Direct Materials Standard Actual 1.5 pounds of chocolate per box @ $8.03 per pound 6,590 pounds purchased @ $7.53 per pound 5,595 pounds used @ $7.53 per pound (a) Calculate the direct materials price and quantity variances. (Round answers to O decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter O for the amounts.) ta $ Favorable Direct material price variance $ Unfavorable Direct material quantity variance