Direct Materials Variances The following data relate to the direct materials com the production of 2,000 automobile tires: Actual: 59,900 lbs. at $1.7 per lb. Standard: 61,100 lbs. at $1.65 per ib. 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 5 b. The direct materials price variance should normally be reported to the of production efficiencies, the variance would be reported to the of higher-quality raw materials, the variance should be reported to the When lower amounts of direct materials are used because When the favorable use of raw materials is caused by the purchase Direct Labor Variances The following data relate to labor cost for production of 3,700 cellular telephones: Actual: 2,480 hrs. at $13.70 Standard: 2,440 hrs. at $14.00 a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Rate variance Time variance Total direct labor cost variance b. The employees may have been less experienced or poorly trained, thereby resulting in a labor rate than planned. The lower level of experience or training may have resulted in efficient performance. Thus, the actual time required was than standard