Direct Materials Variances The following data relate to the direct materials cost for the production of 2,000 automobile tires: Actual: 61,000 lbs. at $1.95 per lb. Standard: 62,800 lbs. at $2 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 production efficiencies, the variance would be reported to the quality raw materials, the variance should be reported to the If lower amounts of direct materials had been used because of If the favorable use of raw materials had been caused by the purchase of higher