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The standard price per pound is $2.00. The standard quantity of pounds allowed per unit of finished goods is 4 pounds. The actual quantity of

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The standard price per pound is $2.00. The standard quantity of pounds allowed per unit of finished goods is 4 pounds. The actual quantity of materials purchased and used in production is 50,700 pounds. The actual purchase price per pound of materials was $2.35 The company produced 13,000 units of finished goods during the period. What is the materials price variance? Multiple Choice $18,252 0 $17,745 F $18.252F $17.745 U

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