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Exeter has a materials standard of 1 pound per unit of output. Each pound has a standard price of $25 per pound. During July, Exeter

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Exeter has a materials standard of 1 pound per unit of output. Each pound has a standard price of $25 per pound. During July, Exeter paid $133,000 for 4,960 pounds, which it used to produce 4780 units. What is the direct materials price variance? Multiple Choice O $13.500 urtavorable $21000 untavorabile $9.000 unfavorable $8,100 favorable

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