The following information is available for Vaughn's Chocolates: Actual production 3,200 boxes Budgeted production 3,710 boxes Direct Materials Standard 3 pounds of chocolate per box @ $5.00 per pound Actual 8,400 pounds purchased @ $5.10 per pound 8,900 pounds used (a) Calculate the direct materials price and quantity variances. Direct material price variance Direct material quantity variance 4} 4D