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Bling Corporation manufactures jeweled cell phone cases. The following materials standards have been established for the jewels used to decorate the cell phone cases. Standard

Bling Corporation manufactures jeweled cell phone cases. The following materials standards have been established for the jewels used to decorate the cell phone cases.

Standard quantity per case (grams)

3.0

Standard Price (SP) per gram of jewels

$5.00

The following data relates to the production of the cell phone cases during June:

Actual jewels purchased and used (grams)

1,900

Actual cost of jewels purchased

$4,750

Actual number of cases produced

700

What is the materials price variance for jewels in June?

A.

$9,500 favorable

B.

$4,750 unfavorable

C.

$4,750 favorable

D.

$9,500 unfavorable

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