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Baskets Inc, gathered the following actual results for the current month: Actual amounts: Units produced 5,800 Direct materials purchased and used (8,000 lbs.) $48,000 Budgeted

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Baskets Inc, gathered the following actual results for the current month: Actual amounts: Units produced 5,800 Direct materials purchased and used (8,000 lbs.) $48,000 Budgeted production and standard costs were: Budgeted production Direct materials 5,000 units 2.5 lbs/unit at $3.00/lb. What is the direct materials quantity variance? O A. $24,000 favorable O B. $24,000 unfavorable O c. $19,500 unfavorable OD. $19,500 favorable

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