Tip Top Corp. produces a product that requires eight standard gallons per unit. The standard price is $9.50 per gallon. If 3,800 units required 31,300 gallons, which were purchased at $9.31 per gallon, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

a. Direct materials price variance	$
b. Direct materials quantity variance	$
c. Direct materials cost variance	$