Question: fWhat is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Round your answers to the nearest dollar. Enter a favorable

 \fWhat 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 usmg a minus sign andan unfavorable variance as a positive number. a. Direct materials price variance

\fWhat 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 usmg a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance $ Unfavorable V b. Direct materials quantity variance Favorable 7 $ c. Direct materials cost variance $:] Unfavorable v

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