The standard cost card for a product indicates that one unit of the product requires 12 kilograms of a raw material at $0.80 per kilogram. The production of the product in April was 640 units, but production had been budgeted for 620 units. During April, 6,900 kilograms of the raw material were purchased for $6,034 and 7,910 kilograms of the raw material were used in production. The material variances for April were: I Materials price variance $366U $366U $5140 $5140 Materials quantity variance $1840 $360U $1840 $3600 o