Ruby Company produces a chair for which the standard specifies 3 yards of material per unit. The standard price of one yard of material is $10.50. During the month, 6,700 chairs were manufactured, using 19,700 yards at a cost of $11.03 per yard.

Determine the following: Enter favorable variances as negative numbers.

a. Direct materials price variance	$fill in the blank 1
b. Direct materials quantity variance	$fill in the blank 3
c. Total direct materials cost variance	$fill in the blank 5