Direct Materials Variances The following data relate to the direct materials cost for the production of 2,400 automobile tires: Actual 51,600 lbs. at $1,80 392,880 Standard 52,600 lbs. at $1.85 $97,310 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 variano Total direct materials cost variance b. The direct materials pnce variance should normally be reported to the malfunction of equipment that had not been property operated should be reported to the be reported to the The direct materials quantity variance due to a The total materials cost variance should