Direct materialis variances Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is $3.55 per pound. 26,100 units used 36,000 pounds, which. were purchased at $3.70 pee pound This intormation has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions belo Open spreadsheet What is the direct materials (a) price yariance, (b) quantity variance, and (c) cost variance? Round your answers to the nearest dollar, Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materlals price variance b. Direct materials quantity variance c. Direct materais cost variance \begin{tabular}{l|l} 5 & x \\ 5 & x \\ 5 \end{tabular} Direct materials variances The following data is provided for Bellingham Company: Using formulas and cell reforences, perform the required analysis, and input your answers into the green cells in the Amount column. Select the corresponding type of variance in the dropdowns in cells D15:D17. Transfer the numeric results for the green entry cells (C15:C17) into the appropriate fields in CNOWv2 for grading