Riverbirch Corporation budgeted 4,000 pounds of direct materials to make 2,100 units of product. The company actually us
Posted: Thu May 19, 2022 12:46 pm
Riverbirch Corporation budgeted 4,000 pounds of direct materials to make 2,100 units of product. The company actually used 4,600 pounds of direct materials to make the 2,100 units. The direct materials quantity variance is $1,600 unfavorable. What is the Standard Price (SP) per pound of direct materials? A. $0.76 B. $1.31 C. $2.88 D. $2.67