Direct Materials, Direct Laboc, and factory Overhend Cost Varionce Analysis Traction freads Tire Co. mamufactures aifomobile tires, Standans costs and actial costs for direct materials, ditect labor, and factory everhend incurred for the manufacture of 10,400 tires were as foliows: Mencuiresis a. Determune, the direct materia- pnce varumce, direct matenals quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minim sion and an untaverable variance ans a positive nuenbec. b. Betermine the direct li bor mate variance, dnect labor time vanance, and total direct labor cost variance. Emier a favorable variance as a aegative number ising a reinus ign and in unfavoratie variance as a povive namber. regateve numpter usig a miniss sion and an unfavorbble variance as a pasitive number rows what