Garcia Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for the cost of one unit: Standard Quantity X Direct Materials Direct Labor O $930 unfavorable $7,800 favorable $370 favorable $930 favorable $7,800 unfavorable $3,370 unfavorable $12.00 per hour Garcia Industries made 3,000 units in January and used 15,500 pounds of material to make these units. Garcia Industries paid $39,370 for the 15,500 pounds of material. What was the total materials variance for January? $3,370 favorable 5 pounds $370 unfavorable X 1.25 hours Standard Price X $2.60 per pound = || Standard Cost $18.00 $15.00

Garcia Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for the cost of one unit: Garcia Industries made 3,000 units in January and used 15,500 pounds of material to make these units. Garcia Industries paid $39,370 for the 15,500 pounds of material. What was the total materials variance for January? \begin{tabular}{|l|} \hline$930 unfavorable \\ \hline$7,800 favorable \\ \hline$370 favorable \\ \hline$930 favorable \\ \hline$7,800 unfavorable \\ \hline$3,370 unfavorable \\ \hline$3,370 fivorable \\ \hline$370 unfavorable \end{tabular} $930 unfavorable $7.800 favorable $370 favorable $930 favorable $7,800 unfavorable \$3,370 unfavorable $3,370 famorable $370 unfavorable