Direct Materials Variances The following data relate to the direct materials cost for the production of 2,100 automobile tires: Actual: 55,400 lb. at $1.80 Standard: 57,100 lb. at $1.75 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. Price variance Unfavorable Quantity variance Favorable Total direct materials cost variance ma Favorable