Question 36 (2.5 points) Direct materials cost standard Direct materials effiency standard Actual amount of paraffin...

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Question 36 (2.5 points) Direct materials cost standard Direct materials effiency standard Actual amount of paraffin purchased and used Actual cost of paraffin purchased and used $1.75 per pound of paraffin 1.0 pound of paraffin per batch 62,400 pounds $102,960 Based on the above information and an actual production of 52,000 units, is the materials cost variance favorable or unfavorable? Favorable Unfavorable Question 36 (2.5 points) Direct materials cost standard Direct materials effiency standard Actual amount of paraffin purchased and used Actual cost of paraffin purchased and used $1.75 per pound of paraffin 1.0 pound of paraffin per batch 62,400 pounds $102,960 Based on the above information and an actual production of 52,000 units, is the materials cost variance favorable or unfavorable? Favorable Unfavorable