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solve for thumbs up ! Direct Materials Variances The following data relate to the direct materials cost for the production of 2,300 automobile tires Actual

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Direct Materials Variances The following data relate to the direct materials cost for the production of 2,300 automobile tires Actual 63,000 bat 1 BO Standard 64,300 b at $1.85 a. Determine the direct materials price vanance, direct material quantity wanance, and total direct materials cost vacance. Enter a favorable vanoce i negative number using a minus sign and an unfavorable variance as a positive number Price variance Quantity vanance Total direct materials cost variance b. The direct materials price variance should normally be reported to the of production efficiencies, the variance would be reported to the purchase of higher quality raw materials, the variance should be reported to the I lower amounts of direct materials had been used because If the favorable use of raw materials had been caused by the

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