Question: Lemon Tree Inc. has gatherd the following data for one of its products: Direct materials standard (2 pounds per unit @ $0.41/lb.) Actual direct

Lemon Tree Inc. has gatherd the following data for one of its products: Direct materials standard (2 pounds per unit @ $0.41/lb.) Actual direct materials purchased Actual Direct Materials Used (AQU) Actual Price (AP) paid per pound How much is the direct materials price variance? $0.82 per finished good 39,000 pounds 20,000 pounds $0.55 OA. $2,800 favorable B. $5,460 unfavorable Oc. $2,800 unfavorable OD. $5,460 favorable

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