Direct Materials Variances The following data relate to the direct materials cost for the production of 2,400 automobile tres Actual: Standard 52,600 lbs. at $1.9 per 51,000 lbs. at $1.85 per b Total Direct Materials Cost Variance DO a. Determine the direct materials price variance, direct materials quantity vanance, and total direct materials cost y ence. 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 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 of higher quality raw materials, the variance should be reported to the L