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Question: Winslow Inc. produces tires for the Ford Motor Company. At the beginning of the year, they had the following standard costs for one batch of tires: Direct materials (10 kg @ $3.60 per kg) The actual results for the year are: $ 36.00 Batches produced Direct materials purchased and used in kilograms Direct materials cost per kilogram Required: 70,000 675,000 3.40 $ Calculate the material variances and use your solution to answer the following questions. NOTE: Please enter all variances as positive numbers. The amount of the direct material price variance is $ A Indicate if the direct material price variance is favourable (enter the letter F) or unfavourable (enter the letters UF). A The amount of the direct material usage variance, also called the direct material efficiency variance, is $. > Indicate if the direct material usage variance is favourable (enter the letter F) or unfavourable (enter the letters UF). A/ The total material variance, also called the direct material flexible budget variance, is A/ al variance is favourable (enter the letter F) or ters UF). A/