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How much is the direct materials price variance

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Question - The actual cost of direct materials is $50.25 per pound. The standard cost per pound is $56.00. During the current period, 6,800 pounds were used in production. The standard quantity for actual units produced is 6.500 pounds. How much is the direct materials price variance?

A. $39,100 unfavorable

B. $39,100 favorable

C. $37,375 favorable

D. $37,375 unfavorable

Reference no: EM131595007

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