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need help with these thanks in advance Direct materials variances Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price

need help with these thanks in advance

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Direct materials variances Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is $3.35 per pound. 16,100 units used 37,000 pounds, which were purchased at $3.50 per pound. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required ) analysis, and input your answers in the questions below. Open spreadsheet What is the direct materials (a) price variance, (b) quantity variance, and (0) cost variance? Round your answers to the nearest dollar. 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 35 m V] Unfavorable b. Direct materials quantity variance $ _ Favorable V/ c. Direct materials cost variance $ _ X Unfavorable v Feedback v Check My Work Unfavorable variances can be thought of as increasing costs (a debit). Favorable variances can be thought of as denreasinn (:0sz (a credifl

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