The Charger Company makes tables for which the following standards have been developed: Production of 230 tables was expected in July, but 250 tables were actually completed. Direct materials purchased and used were 2,200 pounds at an actual price of $4.50 per pound.Direct-labor cost for the month was $10,620, and the actual pay per hour was $18.00._____ is the direct-material price variance for July.
A) $1,100 unfavorable
B) $1,100 favorable
C) $800 unfavorable
D) $800 favorable
Correct Answer:
Verified
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