Me How Direct Materials Variances The following data relate to the direct materials cost for the production of 2,500 automobile tires: Actual: Standard: 58,000 lbs. at $2.05 per ib. 56,800 lbs. at $2.00 per lb. a. Determine the direct materials price variance, direct materials quantity variance, and 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. Direct Materials Price Variance Direct Materials Quantity Variance Total Direct Materials Cost Variance b. The direct materials price variance should normally be reported to the L of production efficiencies, the variance would be reported to the ( higher-quality raw materials, the vanance should be reported to the When lower amounts of direct materials are used because When the favorable use of raw materials is caused by the purchase if