Gala Enterprises reports the following information regarding the production of one of its products for the month. Compute the total direct materials cost variance, the direct materials price variance, the direct materials quantity variance and identify each as either favorable or unfavorable. Direct materials standard (6 lbs. @ $3/lb.) $18 per finished unit Actual direct materials used 179,000 lbs. Actual finished units produced 30,000 units Actual cost of direct materials used $554,900