Bellingham Company produces a product that requires 10 standard pounds per unit. The standard price is $3.5 per pound. If 3,400 units used 34,700 pounds, at $3.32 per pound, what is the direct materials (o) price varlance, (b) quantity variance, and (c) cost variance? Enter a favorable b. Direct materials quantity variance Unfavorable v Cost variance is the difference between the actual and s Not