The following direct materials standards have been established for a particular product:

Standard price per unit of output. $4.00

Standard quantity... 3 lbs.

The following data pertain to operations concerning the product for the last month:

Actual products manufactured.. 2,000

Actual material purchased and used.....6,500 lbs.

Actual price paid for materials.$3.80 per lb.

HINT: Make a goalpost like we did in class to answer the following questions. Make sure to indicate if your variance is favorable or unfavorable.

a. What is the total direct materials variance for the month?

b. What is the direct materials price variance for the month?

c. What is the direct materials quantity variance for the month?