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Shefheld Corp. has a materials price standard of $2.00 per pound, 4900 pounds of materials were purchased at $2.20 a pound. The actual quantity of

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Shefheld Corp. has a materials price standard of $2.00 per pound, 4900 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 4900 pounds, although the standard quantity allowed for the output was 4000 pounds . Shefheld Corp's materials price variance is 091809 5980 F 09800 $800U

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