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Clear Lake LLC has the following standard costs for its sole product. Direct Materials ( 2 pounds at $4.50 per pound) =$9.00 per unit Direct
Clear Lake LLC has the following standard costs for its sole product. Direct Materials ( 2 pounds at $4.50 per pound) =$9.00 per unit Direct Labor ( 0.6 hours at $12.00 per hour) =$7.20 per unit During July, Clear Lake LLC produced 2,000 units, bought and used 4,200 pounds of direct material at $4.80 per pound, and used 1,100 hours of labor at a total cost of $14,025. Based on this information, what is the direct materials quantity variance? $1,200 unfavorable (\$900) favorable ($1,200) favorable $900 unfavorable
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