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Strawberry Mansion Company reported the following: 4 lb. $3.50 Standard quantity per unit Standard price per pound Actual pounds used Actual price per pound Number

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Strawberry Mansion Company reported the following: 4 lb. $3.50 Standard quantity per unit Standard price per pound Actual pounds used Actual price per pound Number of units produced 20,075 lb. $3.75 5,300 Determine the direct materials price variance. a. $4,943.75 favorable b. $4,943.75 unfavorable c. $5,018.75 favorable O d. $5,018.75 unfavorable

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