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The following data relate to the direct materials cost for the production of 1,800 automobile tires: Actual: 59,800 lb. at $1.90 Standard: 61,600 lb. at

The following data relate to the direct materials cost for the production of 1,800 automobile tires:

Actual:59,800 lb. at $1.90
Standard:61,600 lb. at $1.85

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.

Price variance$fill in the blank 1

Unfavorable

Quantity variance$fill in the blank 3

Favorable

Total direct materials cost variance$fill in the blank 5

Favorable

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