The following data relate to direct materials costs for February: Materials cost per yard: standard, $2.00; actual, $2.10 Standard yards per unit: standard, 4.5 yards; actual, 4.75 yards Units of production: 9,500 Calculate the direct materials price variance.
a. $4,512.50 unfavorable
b. $378.00 unfavorable
c. $378.00 unfavorable
d. $1,795.50 unfavorable
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The following data relate to direct materials costs for February: Materials cost per yard: standard,...
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