Bellingham Company produces a product that requires 10 standard pounds per unit. The standard price is $7.5 per pound. If 2,000 units used 19,200 pounds, which were purchased at $7.65 per pound, what is the direct materials (a) price variance, (b) quantity variatice, and (c) cost variante? 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. Direct materials cost variance