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Alvarado Company produces a product that requires 1 6 standard pounds per unit. The standard price is $ 1 1 . 0 0 per pound.

Alvarado Company produces a product that requires 16 standard pounds per unit. The standard price is $11.00 per pound. If 5,900 units used 96,300 pounds, which were purchased at $10.45 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Line Item Description Amount Variance
a. Direct materials price variance $fill in the blank 1
b. Direct materials quantity variance $fill in the blank 3
c. Direct materials cost variance $fill in the blank 5

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