Question: Lemon Tree Inc. has gatherd the following data for one of its products: Direct materials standard (2 pounds per unit @ $0.40/lb.) Actual direct
Lemon Tree Inc. has gatherd the following data for one of its products: Direct materials standard (2 pounds per unit @ $0.40/lb.) Actual direct materials purchased Actual Direct Materials Used (AQU) Actual Price (AP) paid per pound $0.80 per finished good 39,000 pounds 24,000 pounds $0.5 How much is the direct materials price variance? OA. $2,400 unfavorable OB. $3.900 unfavorable OC. $2,400 favorable COD. $3,900 favorable
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