Exeter has a materials standard of 1 pound per unit of output. Each pound has a...

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Exeter has a materials standard of 1 pound per unit of output. Each pound has a standard price of $25 per pound During July Eer paid $133,000 5,010 pounds, which it used to produce 4780 units. What is the direct materials price variance? Multiple Choice $10,560 unfevorable $8,720 unfavorable $2,740 unfavorable $1,840 favorable Exeter has a materials standard of 1 pound per unit of output. Each pound has a standard price of $25 per pound During July Eer paid $133,000 5,010 pounds, which it used to produce 4780 units. What is the direct materials price variance? Multiple Choice $10,560 unfevorable $8,720 unfavorable $2,740 unfavorable $1,840 favorable