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Information concerning Johnston Company's direct materials costs is as follows: Standard price per pound Actual quantity purchased Actual quantity used in production Units of product

Information concerning Johnston Company's direct materials costs is as follows: Standard price per pound Actual quantity purchased Actual quantity used in production Units of product manufactured Materials purchase-price variance-favorable Budget data for the period: Units to manufacture Units of direct materials The direct materials usage variance for the period is: $ 6.65 2,900 pounds 2,800 pounds 720 $ 875 1,020 4,080 pounds Multiple Choice $532.00 unfavorable. $397.00 favorable. $742.00 favorable

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