Question: Exeter has a material standard of 1 pound per unit of output Each pound has a standard price of $26 per pound. During July. Exeter

Exeter has a material standard of 1 pound per unit of

Exeter has a material standard of 1 pound per unit of output Each pound has a standard price of $26 per pound. During July. Exeter paid $136,000 for 4,980 pounds. which they used to produce 4.790 units. What is the direct materials price variance? (Do not round your Intermediate calculations.) O $6520 unfavorable O $11.460 unfavorable O $17.080 unfavorable O $5,620 favorable

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