$437.00 favorable. $572.00 unfavorable. $782.00 favorable. $572.00 favorable. $437.00 unfavorable. Information concerning Johnston Co.'s direct materials costs is as follows: Standard

 

Ο $437.00 favorable. 

Ο $572.00 unfavorable. 

Ο $782.00 favorable. 

Ο $572.00 favorable. 

Ο $437.00 unfavorable.

Information concerning Johnston Co.'s direct materials costs is as follows: Standard price per pound $ 7.15 3,100 pounds Actual quantity purchased Actual quantity used in production Units of product manufactured Materials purchase-price variance-favorable Budget data for the period: 3,000 pounds 770 $ 925 Units to manufacture 1,070 Units of direct materials 4,280 pounds The direct materials usage variance for the period, rounded to two decimal places, is: