The actual cost of direct materials is $47.50 per pound. The standard cost per pound is $51.75. During the current period, 7200 pounds were used in production. The standard quantity for actual units produced is 7100 pounds. How much is the direct materials price variance?
A)$30,175 favorable
B)$30,175 unfavorable
C)$30,600 favorable
D)$30,600 unfavorable

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The Answer of The actual cost of direct materials is $47.50 per pound. The standard cost per pound is $51.75. During the current period, 7200 pounds were used in production. The standard quantity for actual units produced is 7100 pounds. How much is the direct materials price variance?
A)$30,175 favorable
B)$30,175 unfavorable
C)$30,600 favorable
D)$30,600 unfavorable

The Actual Cost of Direct Materials Is $47