The following standards have been established for a raw material used to make product 084 : standard quantity of the materlal per unit of output standard price of the material 8.8 meters 519.60 per: neter: The following data pertain to a recent month's operations: The direct materials purchases variance is computed when the materials are purchased. Required: a. What is the materials price variance for the month? b. What is the materials quantity variance for the month? Note: Indicate the effect of each varionce by selecting "F" for favorable, "U" for unfovorable, and "None" for no effect (i.e., zero varlance). fnput all amounts as positive values