Actual Cost		Standard Cost
Actual Materials	x	Actual Rate		Actual Materials	x	Standard Rate		Standard Materials	x	Standard Rate
6,990	x	$8.9		6,990	x	$8.40			x	$8.40
	=	$62,211			=	$58,716			=	$
		Direct Materials Price Variance	Direct Materials Quantity Variance
$62,211	-	$58,716		$58,716	-	$
	=	$3,495	U	=	$	U
	Total Direct Materials Cost Variance
		$62,211	-	$
			=	$	U