The following data relate to the direct materials cost for the production of 2,000 automobile tires: Actual: 57,300 lbs. at $2.05 per lb. Standard: 55,600 lbs. at $2.10 per lb. a. Determine the direct materials price variance, direct materials quantity 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.