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Oliver Enterprises has collected the following data for one of its products: Direct materials standard (3 pounds per unit @ $0.52/b.) $1.56 per finished good

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Oliver Enterprises has collected the following data for one of its products: Direct materials standard (3 pounds per unit @ $0.52/b.) $1.56 per finished good Direct materials flexible budget variance - unfavorable $14,000 Actual Direct Materials Used (AQU) 37,000 pounds Actual finished goods produced 24,000 units What is the total actual cost of the direct materials used? O A. $37,440 OB. $51,440 O C. $23,440 OD. $57,720

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