Direct Materials Variances

Bellingham Company produces a product that requires 15standardpounds per unit. The standard price is $8.5 per pound. If 2,200 units used 33,700 pounds, which were purchased at $8.84 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: $_______ Unfavorable

b. Direct materials quantity variance: $5,950 Unfavorable

c. Direct materials cost variance: $________ Unfavorable