Bellingham Company produces a product that requires 14 standard pounds per unit. The standard price is $4.5 per pound. If 4,200 units used 60,000 pounds, which were purchased at $4.41 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Enter a favorable variance as negative number using a minus sign and an unfavorable variance as a positive number