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The following data relate to the direct materials cost for the production of 2,300 automobile tires: Actual:54,800 lbs. at $1.80$98,640Standard:53,200 lbs. at $1.75$93,100 the direct

The following data relate to the direct materials cost for the production of 2,300 automobile tires:

Actual:54,800 lbs. at $1.80$98,640Standard:53,200 lbs. at $1.75$93,100

the direct materialsprice variance, direct materialsquantity variance, and total direct materialscost variance.

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