The following data relate to the direct materials cost for the production of automobile tires: Actual: 57,600lbs. at $1.70 per lb. Standard: 56,400lbs. at $1.75 per lb. a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. of production efficiencies, the variance would be reported to the P When the favorable use of raw materials is caused by the purchase of higher-quality raw materials, the variance should be reported to the X