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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, $1.90;

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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, $1.90; actual, $2.05 Standard yards per unit: standard, 4.73 yards; actual, 5.18 yards Units of production: 9,500 Calculate the direct materials price variance. a. $6,740.25 favorable b. $1,425.00 unfavorable c. $7,381.50 favorable d. $7,381.50 unfavorable

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