Direct Materials Variances Bellingham Company produces a product that requires 9 standard pounds per unit. The standard price is $5,5 per pound. I 5,100 units required 47,300 pounds, which were purchased at $5.34 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 using a minus sign and an unfavorable variance as a positive number a. Direct materials price variance b. Direct materials quantity variance c. Total direct materials cost variance