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Direct Materials Variances

Bellingham Company produces a product that requires 12 standard pounds per unit. The standard price is $10 per pound. If 4,900 units required 60,000 pounds, which were purchased at $9.8 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

a. Direct materials price variance	$
b. Direct materials quantity variance	$
c. Total direct materials cost variance	$