A company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month 1500 pounds of direct materials were purchased for $5700. The direct materials price variance for last month was
A) $5700 favorable.
B) $300 favorable.
C) $150 favorable.
D) $300 unfavorable.

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The Answer of A company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month 1500 pounds of direct materials were purchased for $5700. The direct materials price variance for last month was
A) $5700 favorable.
B) $300 favorable.
C) $150 favorable.
D) $300 unfavorable.

A Company Developed the Following Per-Unit Standards for Its Product