eBook Direct Materials Variances Show Me How Print tem Tip Top Corp. produces a product that requires 11 standard gallons per unit. The standard price is $11 per gallon. If 4,700 units required 52,700 gallons, which were purchased at $11.55 per gallon, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Unfavorable a. Direct materials price.variance 28,895 X b. Direct materials quantity variance 6,400 X Unfavorable c. Direct materials cost variance -10,640 X Unfavorable Feedback Check My Work Unfavorable variances can be thought of as increasing costs (a debit). Favorable variances can be thought of as decreasing costs (a credit) Cost variance is the difference between the actual and standard total cost Learning Objective 3. Check My Work Next All work saved. Save and Exit Submit Assignment for Grac