the below standard cosrts were utilized to make a single unit of output by benson company...

what is the direct materials price variance? (please see picture)

-0 2 pts Question 51 The below standard costs were utilized to make a single unit of output by Benson Company Direct materials Direct labor Manufacturing overhead 5 pounds at $.70 per pound 0.5 hour at $12.00 per hour 0.5 hour at $4.80 per hour $3.50 $6.00 $2.40 Recently, Benson Company bought and used 70,000 pounds of direct materials at $1.00 per pound to make 10,000 units of output. What is the direct materials price variance? $1,000 favorable $21,000 unfavorable $6,000 unfavorable $1,800 unfavorable $1,800 favorable Drevious Next