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Mid City Products inc. (MCP), developed standard costs for direct material and direct labor. In 2020, MCP estimated the following standard costs for one of

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Mid City Products inc. (MCP), developed standard costs for direct material and direct labor. In 2020, MCP estimated the following standard costs for one of their most popular products. During September, MCP produced and sold 1,000 units using 1,200 pounds of direct materials at an average cost per pound of $8,00 and 170 direct labor hours at an average wage of $17.40 per hour. The direct material price variance during September is A. \$1,000 unfavorable B. \$1,000 favorable C. $720 favorable D. $720 unfavorable

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