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Use this information to answer the question that follow. The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.99;

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Use this information to answer the question that follow. The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.99; actual, $2.04 Standard yards per unit: standard, 4.69 yards; actual, 4.92 yards Units of production: 9,500 Calculate the direct materials price variance. Oa. $2,337.00 unfavorable Ob. $2,227.75 favorable Oc. $475.00 unfavorable Od. $2,337.00 favorable

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