need answer A and B Direct materials variances Bellingham Company produces a product that requires 2.3standardpounds per unit. The standard price is $3.30 per pound. 16,300 units used 36,100 pounds, which were purchased at $3.50 per pound.
Resources' requirements, standard pounds per unit	2.3
Resources' standard price, per pound	$3.30
Units produced	16,300
Resources used for production, pounds	36,100
Resources' actual price, per pound	$3.50
	Amount		Formulas
a.	Direct materials price variance			UNFAVORABLE
b.	Direct materials quantity variance			FAVORABLE
c.	Direct materials cost variance	2,633		UNFAVORABLE