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Exeter has a material standard of 1 pound per unit of output. Each pound has a standard price of $25 per pound. During July, Exeter

Exeter has a material standard of 1 pound per unit of output. Each pound has a standard price of $25 per pound. During July, Exeter paid $135,000 for 5,000 pounds, which they used to produce 4,780 units. What is the direct materials price variance? (Do not round your intermediate calculations.)

A. $9,100 favorable

B. $15,500 unfavorable

C. $24,600 unfavorable

D. $10,000 unfavorable

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