Business, 24.04.2021 03:50 Kyliehayden05

The actual cost of direct materials is $47.50 per pound. The standard cost per pound is $51.75. During the current period, 7,200 pounds were used in production. The standard quantity for actual units produced is 7,100 pounds. How much is the direct materials price variance? A. $30,600 favorable B. $30,600 unfavorable C. $30,175 favorable D. $30,175 unfavorable

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The actual cost of direct materials is $47.50 per pound. The standard cost per pound is $51.75. Du...

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