Use the information provided to answer the questions. Actual price paid per pound of material Total standard pounds for

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Use The Information Provided To Answer The Questions Actual Price Paid Per Pound Of Material Total Standard Pounds For 1 (45.19 KiB) Viewed 10 times

Use the information provided to answer the questions. Actual price paid per pound of material Total standard pounds for units produced this period Pounds of material used Direct materials price variance favorable All material purchased was used in production. Enter all amounts as positive numbers. A. What is the standard price for materials? Standard price paid $ B. What is the direct materials quantity variance? Direct materials quantity variance $ C. What is the total direct materials cost variance? $14.50 12,400 13,150 $3,287.50 Unfavorable Unfavorable Total direct materials cost variance $ D. If the direct materials price variance was unfavorable, what would be the standard price? Standard price $