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Question 3 7 1 p t s 3 7 . Allegheny Steel Company reported the following direct material data below in April. What was the

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Question 37
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37. Allegheny Steel Company reported the following direct material data below in April. What was the company's April total direct material price variance?
Direct Materials Standard =$10 per unit (5 lbs.$2 per lb.)
Actual Direct Materials Used =500,000 lbs.
Actual Units Produced =75,000 units
Actual Cost of Direct Materials Used =$1,500,000
a. $500,000 favorable
b. $500,000 unfavorable
c. $250,000 favorable
d. $250,000 unfavorable
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