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Oliver Enterprises has collected the following data for one of its products: Direct materials standard (5 pounds per unit @ $ 0.47/lb.) $ 2.35 per

Oliver Enterprises has collected the following data for one of its products: Direct materials standard (5 pounds per unit @ $ 0.47/lb.) $ 2.35 per finished good Direct materials flexible budget varianceminusunfavorable $ 15 comma 000 Actual Direct Materials Used (AQU) 31 comma 000 pounds Actual finished goods produced 23 comma 000 units What is the total actual cost of the direct materials used?

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