Question Content Area The following data relate to direct materials costs for February: Materials cost per yard: standa

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Question Content Area The following data relate to direct materials costs for February: Materials cost per yard: standa

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Question Content Area
The following data relate to direct materials costs for
February:

Materials cost per yard: standard, $1.98; actual, $2.04
Standard yards per unit: standard, 4.64 yards; actual, 5.00
yards
Units of production: 9,400

Calculate the direct materials price variance.
a.$2,616.96 favorable
b.$2,820.00 favorable
c.$564.00 unfavorable
d.$2,820.00 unfavorable
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