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Active Lifestyle Beverages gathered the following information for Job #928: Standard Total Cost Actual Total Cost Direct materials: Standard: 2,200 pints at $4.75/pint $10,450 Actual:
Active Lifestyle Beverages gathered the following information for Job #928:
Standard Total Cost | Actual Total Cost | |
Direct materials: | ||
Standard: 2,200 pints at $4.75/pint | $10,450 | |
Actual: 2,450 pints at $5.00/pint | $12,250 |
What is the direct materials price variance?
A.$550.00 favorable
B.$612.50 favorable
C.$550.00 unfavorable
D.$612.50 unfavorable
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