a Direct Materials Variances Bellingham Company produces a product that requires 10 standard pounds per unit. The standard price is 54.5 per pound. If 5,400 units required 62,100 pounds, which were purchased at $4.73 per pound, what is the direct materials (a) price variance, (b) quantity vanance. 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