Direct Materials Variances The following data relate to the direct materials cost for the production of 2,300 automobile tires: Actual $6,900 lbs. at $2.00 Standard 58,600 lbs. at $1.95 $113,800 $114,270 a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter favorable variances as negative numbers. Enter unfavorable variances as positive numbers. Price variance Quantity variance Total direct materials cost variance b. The direct materials price variance should normally be reported to the [ equipment that had not been properly operated shobld be reported to the The direct materials quantity variance due to a malfunction of The total materials cost variance should be reported to the