Question: help with step by step solution Oliver Enterprises has collected the following data for one of its products: Direct materials standard (3 pounds per unit

 help with step by step solution Oliver Enterprises has collected the

help with step by step solution

Oliver Enterprises has collected the following data for one of its products: Direct materials standard (3 pounds per unit @ $0.42/lb.) Direct materials flexible budget variance -unfavorable Actual Direct Materials Used (AQU) Actual finished goods produced $1.26 per finished good $10,000 31,000 pounds 21,000 units How much is the direct materials quantity variance? A. $26,460 favorable B. $13,440 favorable Xc. $13,020 unfavorable D. $26,460 unfavorable

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