Direct Materials Variances Bellingham Company produces a product that requires 11 standard pounds per unit. The standard price is $8.5 per pound. If 5,800 units required 65,100 pounds, which were purchased at $8.16 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 $ 22,134 X Favorable X b. Direct materials quantity variance $ -11,050 X Unfavorable x c. Total direct materials cost variance $ 11,084 X Favorable Feedback