Given the following information, What is the DM Price variance? 5,000 units of materials were bought for an actual price of $10,000. The standard price is $1.50 per unit and the production process should use 4,500 units. The actual number of units used was 4,750. O $500 O $375 O $2250 O $2,500

Given the following information, What is the DM Price variance? 5.000 units of materials were bought for an actual price of $10,000. The standard price is $1.50 per unit and the production process should use 4,500 units. The actual number of units used was 4,750. $500 $375 $2250 52,500