Georgia, Inc. has collected the following data on one of its products. The direct materials price variance is: Direct materials standard (4 lbs. @ $1/lb.) $ 4 per finished unit
Total direct materials cost variance-unfavorable $ 13,750 Actual direct materials used 150,000 lbs.
Actual finished units produced 30,000 units
A) $16,250 unfavorable.
B) $16,250 favorable.
C) $30,000 unfavorable.
D) $33,000 favorable.
E) $13,750 unfavorable.
Correct Answer:
Verified
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