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Hushovd Iron Works has collected the following data for its Thunderbolt line of products: Direct materials standard 12 pounds per unit Direct materials standard cost
Hushovd Iron Works has collected the following data for its Thunderbolt line of products: Direct materials standard 12 pounds per unit Direct materials standard cost $0.54 per pound Actual material purchased cost $0.91 per pound Actual direct materials purchased 50,000 pounds Actual Quantity (AQ) of Direct Materials Used (AQU) 5,000 pounds Actual finished goods produced 4,400 units What is the direct material price variance? O A. $18,500 unfavorable O B. $1,850 favorable O C. $18,500 favorable OD. $1,850 unfavorable
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