Direct Materials Variances

Bellingham Company produces a product that requires $12$ standard pounds per unit. The standard price is $$4$ per pound. If $4,400$ units used $54,400$ pounds, which were purchased at $$3\mathrm{.}8$ per pound, what is the

direct materials $($a$)$ price variance, $($b$)$ quantity variance, and $($c$)$ 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$.$ Direct materials cost variance

$At the beginning of the period, the Fabricating Department budgeted direct labor of $$33,600$ and equipment depreciation of $$5,000$ for $1,200$ hours of production. The department actually completed $1,300$ hours of production. Determine the budget for the department, assuming that it uses flexible budgeting.

$

fill in the blank $1$