Imrie Corporation makes a product that uses a material with the quantity standard of 9.5 grams perunit of output and the price standard of $5.00 per gram. In January the company produced 2,900units using 26,940 grams of the direct material. During the month the company purchased 28,900grams of the direct material at $4.90 per gram. The direct materials purchases variance is computedwhen the materials are purchased.The materials quantity variance for January is:A. $2,989 FB. $3,050 FC. $2,989 UD. $3,050 UThe materials price variance for January is:A. $2,755 UB. $2,890 FC. $2,890 UD. $2,755 F