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Finished units: Planned = 10,000; Actual = 8,000 Actual material purchases: 30,000 pounds for $96,000 Actual material used: 3.0 pounds per finished unit To produce
Finished units: Planned = 10,000; Actual = 8,000 Actual material purchases: 30,000 pounds for $96,000 Actual material used: 3.0 pounds per finished unit To produce each finished unit, the company expects to use 3.2 pounds of material at a cost per pound of $3.50. Compute the direct material price variance O $3,000 Favorable (Good Thing) O $5,600 Favorable (Good Thing) O $7,200 Favorable (Good Thing) O $9,000 Favorable (Good Thing) O None of the other answers are correct
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