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Kay, Inc. has collected the following data on one of its products MARKERAT. The direct materlals price variance is Direct materials standard (4 lbs. @

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Kay, Inc. has collected the following data on one of its products MARKERAT. The direct materlals price variance is Direct materials standard (4 lbs. @ $1/lb.) Total direct materials cost varianceunfavorable Actual direct materials used Actual finished units produced $4 per finished unit $13,750 150,000 lbs. 30,000 units $33,000 favorable. $16,250 unfavorable. $16,250 favorable. $30,000 unfavorable. O $13,750 unfavorable

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