Question 22 Question 22 of 25 8 points Save Answer Chow Chow Company produces cashmere sweaters. According to the production standard, each sweater is expected to consume 2 pounds of cashmere. The standard price of cashmere is $4 per pound. Last week 2.550 pounds of cashmere were purchased at a total of $7,650, and 3,075 pounds were used to make 1,250 sweaters. Determine direct-material purchase price variance. $2,550 U O $4,650 U O None of these O $2,550 F O $4,650 F

Cometien 22 82550U c 54.650U Nave of thmee $2.550F 34.650F