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Answer please. CoursHeroTranscribedText: Direct Materials Variances The following data relate to the direct...

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Accounting

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CoursHeroTranscribedText: Direct Materials Variances The following data relate to the direct materials cost for the production of 1,900 automobile tires: Actual: 51600 lbs. at $1.? per lb. 55,400 lbs. at $1.65 per lb. I 5.. Determine the direct materials price variance. direct materials quantityr variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Direct Materials Price 1variance -- Direct Materials Quantity l.I'ariance -- Total Direct Materials Cost l.I'ariance

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