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ToolTime has a standard of 1.5 pounds of materials per unit, at $4 per pound. In producing 4,000 units, ToolTime used 6,200 pounds of materials

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ToolTime has a standard of 1.5 pounds of materials per unit, at $4 per pound. In producing 4,000 units, ToolTime used 6,200 pounds of materials at a total cost of $24,090. ToolTime's materials price variance is ed Select one: a. $90 U b. $710 F c. $400 F d. $700 F Next page

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