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Using the following information, calculate the direct materials cost variance including the price and quantity variances. Standards are based on a productive capacity of 48,000 units (80% capacity.) Actual production was 54,000 units (90% capacity).

• Direct Material Standards per unit: 30 lbs @ $4.15 per lb = $124.50 per unit
• Units were assigned the following standard direct material costs: 1,620,000 lbs @ $4.15 per lb = $6,561,000
• Actual direct material costs incurred during the quarter: 1,615,000 lbs @ $4.10 per lb = $6,723,000

a) Direct Material Price Variance:

b) Direct Materials Quantity Variance

c) Total Direct Materials Variance: