Clipper Company produces a product that has a standard direct material quantity of 0.8 pounds per unit; the standard unit price of direct materials is $5 per pound. The company budgeted to produce 60,000 units in March, but actual output for the month was 64,000 units. There was a direct materials quantity variance of $1,500 U and a direct materials price variance based on the 50,000 pounds of direct materials purchased in March of $750 F.

18. What was the actual number of pounds of direct material used during March?

A. 45,100

B. 49,900

C. 50,000

D. 51,500

E. None of the above.

19. What was the actual price paid per pound of direct material during March?

A. $4.495

B. $5.073

C. $4.985

D. $5.015

E. $5.135