The following materials standards have been established for a product:

$\backslash$table$[[$Standard quantity per unit of output,$6\mathrm{.}8,$metres$],[$Standard price,$$17\mathrm{.}10,$per metre$]]$

The following data pertain to operations concerning the product for the last month:

$\backslash$table$[[$Actual materials purchased,$9,000,$metres$],[$Actual cost of materials purchased,$$156,600,],[$Actual materials used in production,$8,500,$metres$],[$Actual output,$1,200,$units$]]$

A$.$ What is the materials price variance for the month?

$(900017\mathrm{.}10)-(90006\mathrm{.}817\mathrm{.}10)$

$153900-1046520$

$=892620$

B$.$ What is the materials quantity variance for the month?

$(850017\mathrm{.}10)-(6\mathrm{.}8850017\mathrm{.}10)$

$145350-988380$

$=843030$