# ar takeAssignment/take AssignmentMain.do?invoker=&takeAssignmentSessionLocator &inprogress=false Google Keep Homepage Univet a Amazon.com: Onlin. Chegg.com Pinterest Show Me How Other bookmarks Reading list eBook Direct Materials Variances Bellingham Company produces a product that requires nine standard pounds per unit. The standard price is $5.5 per pound. If 6,200 units used 50,000 pounds, which were purchased at $5.20 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (e) coat 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 -12,760 Favorable b. Direct materials quantity variance Unfavorable c. Direct materials cost variance Favorable Feedback Check My Work Unfavorable variances can be thought of as increasing costs (a debit). Favorable variances can be thought of as decreasing costs (a credit) Cost variance is the difference between the actual and standard total cost. Learning Objective 3