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Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is ( $ 3.65 ) per pound. 16,300 units used

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Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is \\( \\$ 3.65 \\) per pound. 16,300 units used 36,600 pounds, which were purchased at \\( \\$ 3.85 \\) per pound. This information has been collected in the Microsoft Ecel online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Cpen spreadsheet What is the direct matetials (a) arice variance, (b) guanty yariance, and (c) colt variance? Reund your answers to the nearest dellar. Enter a favorable varianch as a negative number using a minus sign and an unfavorable variance as a positivo namber. Cost varunce is the difterence bedreen the uctuk and standard toles cost

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