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Consider the following information for Dave Company for the month of May: Direct materials (DM) purchased and used 90,000 gallons Total quantity of DM budgeted

Consider the following information for Dave Company for the month of May:
Direct materials (DM) purchased and used 90,000 gallons
Total quantity of DM budgeted to be used in May production 88,000 gallons
Actual cost of DM purchased and used in May $171,000
Unfavorable DM quantity variance $4,000
What is the DM price variance in May?
A.

$9,000 Unfavorable

B.

$9,000 Favorable

C.

$5,000 Unfavorable

D.

$4,000 Favorable

E.

$5,000 Favorable

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