Direct Materials Vanances Performance goal. Bellingham Company produces a product that requires five standard pounds per unit. The standard price is $8.5 per pound. If 6,400 units used 33,300 pounds, which were purchased at $8.76 per pound, what is the direct matenals (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. alpirect materials price variance Unfavorable b. Direct materials quantity vanance Unfavorable c. Direct materials cost variance Unfavorable Feed Chu My Won Unfotable variances can be thought of as increasing costs (a debit). Favorable variances can be thought of as do creating costs (a credit) Costvariances the difference between the actual and standard total cost Leaming Objective