Question

The following company information is available for March. The direct materials price variance is:
Direct materials purchased and used "u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6 2,500 feet @ $55 per foot
Standard costs for direct materials for March production 2,600 feet @ $53 per foot

A.$5,000 favorable.
B.$ 300 favorable.
C.$5,200 unfavorable.
D.$5,000 unfavorable.
E.$5,200 favorable.

Answer

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