Direct Materials Vanances Bellingham Company produces a product that requires 14 standard pounds per unit. The standard price is $5 per pound. IF 6.100 units required 82,800 pounds, which were purchased $5.15 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number us a minus sign and an unfavorable vanance as a positive number a. Direct materials price variance Unfavorable b. Direct materials quantity variance Favorable c. Total direct materials cost vanance Favorable Feet Chedwy Work Unfavorable variances can be thought of as increasing costs (a debit). Favorable variances can be thought of a decreasing costs (a credit) Cost vonance is the difference between the actual and standard costs at actual volumes