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A company uses the following standard costs to produce a single unit of output. During the iatest month, the company purchased and used 58.000 pounds

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A company uses the following standard costs to produce a single unit of output. During the iatest month, the company purchased and used 58.000 pounds of direct materials at a price of $1.00 per pound to produce 10.000 units of output Direct labor costs for the month totaled $56,350 based on 4,900 direct labor hours worked. Voriable manufacturing overhead costs incurted totaied $15,000 and foxed manufacturing overhead incurred was $10,400. Based on this information, the direct materials price variance for the mionth was: Mutripie Choice sto00 favorable $6,000 untsworable

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