Direct Materials Wariances The following data relate to the direct materials cost for the production of automobile tires: Actual: 56,900lbs, at $2.00 per th. Standard: 58,600lbs, at 52.05 per lb. a. Dotermine the direct materlals price variance, direct materials quantity vaciniso. and total direct materials cost variance. Enter a tworable variance as a negative number using a minus sign and an unfavorable varlance as a positive number b. The direct materials price variance should normally be reported to the When lower amounts of direct materials are lised beccuse of production etticiencies, the variatice would be reported to the Whan the foworable use of row materiats is causad by the purchase at higher-quality raw materiais, the yariance should be reported to the