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Use the following information to answer the following questions: Ecco Company produce Plastic Balls. The company uses de following direct cost categories: Category Direct materials

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Use the following information to answer the following questions: Ecco Company produce Plastic Balls. The company uses de following direct cost categories: Category Direct materials Direct labor Direct marketing Std Inputs For 1 (one) output 2.00 0.70 0.27 Std Cost per input $6.25 4.75 2.75 Actual performance and budgeted performance for the company is show below: 5,000 Actual output: in units Direct materials Materials costs Input purchased and used Actual price per input Direct manufacturing labor: Labor costs Labor-hours of input Actual price per hour $74,750 11,500 $6.50 $23,750 4,750 $5.00 24. What is the price variance of the direct materials? a. $2,543.75 unfavorable b. $2,875.00 unfavorable c. $3,803.25 favorable d. $4,218.75 favorable

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