Direct Materials Variances The following data relate to the direct materials cost for the production of 2,400 automobile tires: Actual: 53,500 lbs. at $1.8 per lb. Standard: 54,600 lbs. at $1.85 per lb. a. Determine the direct materials price variance, direct materials quantity variance, and 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. Direct Materials Price Variance Direct Materials Quantity Variance Total Direct Materials Cost Variance b. The direct materials price variance should normally be reported to the . If lower amounts of direct materials had been used because of production efficiencies, the variance would be reported to the . If the favorable use of raw materials had been caused by the purchase higher-quality raw materials, the variance should be reported to the