7. The direct material price variance during June is _

Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, All estimated the following standard costs for one of their major products, the 10 - gallon plastic container. Budgeted quantity. 0.7 pounds Budgeted price Direct materials $90 per pound Direct labor 0.25 hours $35 per hour During June, Heavy Products produced and sold 18,000 containers using 20,000 pounds of direct materials at an average cost per pound of $95 and 12,600 direct manufacturing labor - hours at an average wage of $35.50 per hour. The direct material price variance during June is O A. $766,000 unfavorable O B. $6,300 favorable OC. $100,000 unfavorable O D. $766,000 favorable