The following standards have been established for a raw material used to make product o84: standard quantity of the material per unit of output 8.1 metersstandard price of the material $ 19.30 per meterthe following data pertain to a recent month's operations: actual material purchased 4,400 metersactual cost of material purchased $ 88,880 actual material used in production 4,100 metersactual output 600 units of product o84the 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?