Question

Summerlin Company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. The company actually used 4,500 pounds that cost $5.10 per pound to produce 2,000 units. What is the direct materials price variance?
A.$ 400 unfavorable.
B.$ 450 unfavorable.
C.$2,500 unfavorable.
D.$2,550 unfavorable.
E.$2,950 unfavorable.

Answer

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