Question: + Based on the information presented in the following table; Standard Actual Material Cost Per Yard $2.20 $2.00 Yards per Unit Units of Production 4.75

+ Based on the information presented in the following table; Standard Actual Material Cost Per Yard $2.20 $2.00 Yards per Unit Units of Production 4.75 yards 4.50 yards The Direct Materials Price Variance is equal to: -$4,675.00 Favorable -$7,650.00 Favorable $4,675.00 Unfavorable $7,650.00 Unfavorable 8,500

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