Direct materials variances Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is $3.55 per pound. 16,400 units used 36,500 pounds, which were purchased at $3.75 per pound. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. X Open spreafuseet What is the direct materials (a) price variance, (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. The following data is provided for Bellinghan Compary: Using formulas and col relarences. perborm the requed analysis, and input your ansemers into the green cels h the Amourt column Select the comesponsing type of variance in the dropdowns in cells D15.D17. Transter the numeric results for the green entry cels (C15.C17) hito the appropisale feids in Crown for grading. Dereat materisis price vavance Direct materiblis oost valunco