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A company provides the following data for material costs: Standard cost per unit 3 pounds at $2 per Actual cost per unit 2.5 pounds at
A company provides the following data for material costs:
Standard cost per unit 3 pounds at $2 per
Actual cost per unit 2.5 pounds at $3 per unit
During the month, 5,000 pounds of raw materials were purchased. What is the direct price variance?
A. $5,000 unfavorable
B. $15,000 favorable
C. $10,000 unfavorable
D. $5,000 favorable
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