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45 The standard materials cost to produce 1 unit of Product M is 6 pounds of material at a standard price of $52 per pound.

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The standard materials cost to produce 1 unit of Product M is 6 pounds of material at a standard price of $52 per pound. In manufacturing 8,000 units, 47,000 pounds of material were used at a cost of $53 per pound. What is the total direct materials cost variance? Multiple Choice $48,000 unfavorable. $53,000 favorable. $5,000 unfavorable. $53,000 unfavorable. $5,000 favorable

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