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TB MC Qu. 21-91 (Algo) Summerlin Company budgeted... Summerlin Company budgeted 4,900 pounds of material costing $6.00 per pound to produce 2,500 units. The company
TB MC Qu. 21-91 (Algo) Summerlin Company budgeted...
Summerlin Company budgeted 4,900 pounds of material costing $6.00 per pound to produce 2,500 units. The company actually used 5,400 pounds that cost $6.10 per pound to produce 2,500 units. What is the direct materials price variance?
Multiple Choice
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$3,000 unfavorable.
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$3,050 unfavorable.
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$3,540 unfavorable.
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$540 unfavorable.
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$490 unfavorable.
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