Question: Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is $3.55 per pound. 15,800 units used 35,100 pounds, which

Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is $3.55 per pound. 15,800 units used 35,100 pounds, which were purchased at $3.70 per pound.

What is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Round your answers to the nearest dollar. 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	$	FavorableUnfavorableUnfavorable
b. Direct materials quantity variance	$	FavorableUnfavorableFavorable
c. Direct materials cost variance	$	FavorableUnfavorableUnfavorable

I need assistance with the first column of variances please

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