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Question 20 2.5 pts The following information about materials costs are provided: Budgeted materials cost: 2lbs/unit x $10.50/lb x 110,000 units = $2,310,000 Actual materials
Question 20 2.5 pts The following information about materials costs are provided: Budgeted materials cost: 2lbs/unit x $10.50/lb x 110,000 units = $2,310,000 Actual materials cost: 2.2lbs/unit x $10.35/lb x 105,000 units = $2,390,850 The total raw materials variance to the nearest whole cent is $___ Note: Indicate whether the variance is favorable or unfavorable, for example, 2,500.51 unfavorable or 2,500.51 favorable
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