Direct Materials Variances The following data relate to the direct materials cost for the production of 20,000 automobile tires: Actual: 80,000 Ibs. at $2.65 $212,000 Standard: 86,000 Ibs. at $2.50 $215,000 a. Determine the direct materials price varlance, direct materials quantity varlance, and total direct materials cost vartance, Enter favorabie variances as negative numbers. Enter unfavorable variances as positive numbers. Price variance Quantity variance Total direct materials cost variance b. The direct materials price variance should normally be reported to the The direct materials quantity variance due to a malfunction of equipment that had not been properly operated should be reported to the The total materials cost vuriance should be reported to the