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Dvorak Company produces a product that requires 5 standard pounds per unit. The standard price is $2,50 per pound. If 1,000 units required 4,500 pounds; Which were purchased at $3,00 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance b. Direct materials quantity variance c. Total direct materials cost variance