Question: Question Content Area The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.92; actual, $2.04 Standard yards per unit:

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The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.92; actual, $2.04 Standard yards per unit: standard, 4.71 yards; actual, 5.01 yards Units of production: 9,400

Compute the direct materials price variance. Round your answer to two decimal places.

a. $5,651.28 favorable

b. $5,651.28 unfavorable

c. $1,128.00 unfavorable

d. $5,312.88 favorable

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