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Oliver Enterprises has collected the following data for one of its products: Direct materials standard (5 pounds per unit@ $0.51/lb.) Direct materials flexible budget variance

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Oliver Enterprises has collected the following data for one of its products: Direct materials standard (5 pounds per unit@ $0.51/lb.) Direct materials flexible budget variance -unfavorable Actual Direct Materials Used (AQU) Actual finished goods produced $2.55 per finished good $9,000 32,000 pounds 27,000 units What is the total actual cost of the direct materials used? A. $68,850 B. $81,600 O C. $77,850 D. $59,850

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