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Question 19 Baskets Inc. gathered the following actual results for the current month: Actual amounts: Units produced Direct materials purchased and used (7800 lbs) $70,200

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Question 19 Baskets Inc. gathered the following actual results for the current month: Actual amounts: Units produced Direct materials purchased and used (7800 lbs) $70,200 Budgeted production and standard costs were 5600 Budgeted production Direct materials What is the direct materials quantity variance? $46,800 unfavorable 5300 units 2.0 lbs/unit at $3/lb $10,200 favorable $46,800 favorable O $10,200 unfavorable

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