Question: Based on the information presented in the following table; Standard Actual Material Cost Per Yard $2.00 $2.10 Yards per Unit 4.5 yards 4.75 yards Units

Based on the information presented in the following table;

Standard

Actual

Material Cost Per Yard

$2.00

$2.10

Yards per Unit

4.5 yards

4.75 yards

Units of Production

9,500

The Direct Materials Price Variance is equal to:

Question 17 options:

-$4,512.50 Favorable

$4,750.00 Unfavorable

-$4,750.00 Favorable

$4,512.50 Unfavorable

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