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Weave Inc, gathered the following actual results for the current month: Actual amounts: Units produced Direct materials purchased and used (7,300 lbs.) $29,200 5,200 Budgeted

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Weave Inc, gathered the following actual results for the current month: Actual amounts: Units produced Direct materials purchased and used (7,300 lbs.) $29,200 5,200 Budgeted production and standard costs were: Budgeted production Direct materials 4,800 units 1.5 lbs/unit at $3/1b. What is the direct materials price variance? O A. $7,300 favorable OB. $7 300 unfavorable OC. $5,200 favorable OD. 55.200 unfavorable

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