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A company developed the following per unit standards for its products: 2.80 pounds of direct materials at $4.1 per pound. Last month, 2900 lbs of
A company developed the following per unit standards for its products: 2.80 pounds of direct materials at $4.1 per pound. Last month, 2900 lbs of direct materials were purchased for $8700. The direct materials price variance for last month was
a) $8700 favorable.
b) $3190 favorable.
c) $1139 favorable.
d) $3190 unfavorable.
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