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direct material price variance during sept... Mid City Products Inc. (MCP), developed standard costs for direct material and direct labor. In 2020, MCP estimated the

direct material price variance during sept...

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Mid City Products Inc. (MCP), developed standard costs for direct material and direct labor. In 2020, MCP estimated the following standard costs for one of their most popular products. During September, MCP produced and sold 2,000 units using 4,300 pounds of direct materials at an average cost per pound of $4.00 and 1,150 direct labor hours at an average wage of $20.25 per hour. The direct material price variance during September is A. $200 unfavorable B. \$1,075 favorable C. $200 favorable D. $1,075 unfavorable

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