Urban Corporation prepared the following variance report. Fill in the missing amounts or letters in the report. (Round actual and standard price answers to 2 decimal places, e.g. 2.75.) URBAN CORPORATION Variance Report-Purchasing Department For Week Ended January 9, 2020 Type of Quantity Materials Purchased Rogue11 Storm17 5,900 lbs. Beast29 24,800 units $ Actual Price $5.25 $0.45 $ Standard Price $5.05 $5,620 $3.28 $1,003 Unfa $992 Fave Urban Corporation prepared the following variance report. Fill in the missing amounts or letters in the report. (Round actual and standard price answers to 2 decimal places, e.g. 2.75.) URBAN CORPORATION Variance Report-Purchasing Department For Week Ended January 9, 2020 Actual Price Standard Price $5.25 $0.45 $ Price Variance. Explanation $5.05 $5,620 Price increase $3.28 $1,003 Unfavorable $992 Favorable Rush order Bought larger quantity