A company has established 5 pounds of Material J at $2 per pound as the standard for the material in its Product Z.The company has just produced 1,000 units of this product,using 5,200 pounds of Material J that cost $9,880.The direct materials price variance is:
A)$520 unfavorable.
B)$400 unfavorable.
C)$120 favorable.
D)$520 favorable.
E)$400 favorablE.

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The Answer of A company has established 5 pounds of Material J at $2 per pound as the standard for the material in its Product Z.The company has just produced 1,000 units of this product,using 5,200 pounds of Material J that cost $9,880.The direct materials price variance is:
A)$520 unfavorable.
B)$400 unfavorable.
C)$120 favorable.
D)$520 favorable.
E)$400 favorablE.

A Company Has Established 5 Pounds of Material J at $2