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Question 1 (5 points) GBM Grocerers provides the following data about direct materials: The standard requirement to make a basket of fruit is 5 kg

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Question 1 (5 points) GBM Grocerers provides the following data about direct materials: The standard requirement to make a basket of fruit is 5 kg at $4.60 per kg. Last month, 4,140 kg was purchased and used to make 900 baskets. The fruit cost a total of $19,251. #1) Calculate the Material Price Variance (MPV) and explain one possible cause for the variance

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