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The standard materials cost to produce 1 unit of Product M is 6 pounds of material at a standard price of $50 per pound. In

The standard materials cost to produce 1 unit of Product M is 6 pounds of material at a standard price of $50 per pound. In manufacturing 8,000 units, 47,000 pounds of material were used at a cost of $51 per pound. What is the total direct material cost variance?

A. $48,000 Unfavorable

B. $51,000 Favorable

C. $51,000 Unfavorable

D. $3,000 favorable

E. $3,000 unfavorable

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