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Use the following information to answer the next two questions Fullright Inc purchased $4620 of direct materials (4200 pounds of material) in March and 4200

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Use the following information to answer the next two questions Fullright Inc purchased $4620 of direct materials (4200 pounds of material) in March and 4200 units manufactured 2000 units of finished product. There was no beginning inventory but there is 400 pounds of ending direct materials inventory. 890 200 units The standard amounts were $1 per pound of direct materials and 2 pounds per unit of finished product. 3. What was the direct materials quantity variance for the month? [-] A. $200 F B. $200 U MOV = SP(SQ- AQI = (SQxSP) - (AQXSP) = 4620 - C. $220 F D. $620 U 4. What was the direct materials price variance for the month? [-] A. $620 U B. $820 U MPV = AQ (SP-AP) = 4200( C. $420 U D. $200 F

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