The standards for product V28 call for 8.6 pounds of a raw material that costs $19.00 per pound. Last month, 2.600 pounds of the raw raw material were used to produce this output material were purchased for $48,880 The actual output of the month was 2 material were purchased for $48.880 The actual output of the month was 270 units of product V28. A total of 2.500 pounds of the es variance is computed when the materials are purchased. Required: a. What is the materials price variance for the month? ndicare the stfet f eae by selecting F for fevareble, for unfevoerable. and "None" for no effect( zero variance). Input all amounts as positive values.) a. Materials price vanance b. Materials quantity varance