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The following data relate to the direct materials cost for the production of 2,000 automobile tires: Actual: 54,600 LBs. at $1.80 $98,280 Standard: 53,400 LBs.

The following data relate to the direct materials cost for the production of 2,000 automobile tires: Actual: 54,600 LBs. at $1.80 $98,280 Standard: 53,400 LBs. at $1.85 $98,790 a. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Use the minus sign to enter favorable variances as negative numbers. Price variance: Quantity variance: Total direct materials cost variance

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