Laculator Direct Materials Variances Bellingham Company produces a product that requires 16 standard pounds per unit. The standard price is $4.5 per pound. If 6,400 units used 100,400 pounds, which were purchased at $4.73 per pound, 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. a. Direct materials price variance 23,092 Unfavorable b. Direct materials quantity variance 302,092 x Favorable c. Direct materials cost variance Unfavorable Feedback Check My Work Unfavorable variances can be thought of as increasing costs (a debit). Favorable variances can be thought of a decreasing costs a credit) Cost variance is the difference between the actual and standard total cost. Learning Objective 3. Next Submit Assignment for Gradi Save and Check My Work Emal instructor All work saved