Direct Materials Variances The following data relate to the direct materials cost for the production of 2,500 automobile tires Actual51,500 lbs. at $1.85 $95,275 Standard 52,500 lbs. at $1.90 $99,750 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 of equipment that had not been properly operated should be reported to the The direct materials quantity variance due to a malfunction The total materials cost variance should be reported to the