he following data relate to the direct materials cost for the production of 2,000 automobile tires: Actuat 58,000tbs, at $1,8 per lt. Standard: 59,200lb. at $1.75 per 1b i a. Determine the divect materials price variance, direct materials quantify variance, and total direct materials cost varianire. Enter a favorable varanct at a bepative number using a munut sightand an unfavorable variance as a positive number. b. Hye direce matenais price variance thould normally be reported to the the variance thould be reparted to thet