home / study / business / accounting / accounting questions and answers / Hanson Inc. Has The Following Direct Materials Standard To Manufacture One Zippy: 1.5 Pounds ... Question: Hanson Inc. has the following direct materials standard to manufacture one Zippy: 1.5 pounds per ... (1 bookmark) Hanson Inc. has the following direct materials standard to manufacture one Zippy: 1.5 pounds per Zippy at $4.00 per pound Last week, 1,700 pounds of materials were purchased and used to make 1,000 Zippies. The materials cost a total of $6,630. What is the material price variance?