Perez, Inc. recently completed 59,000 units of a product that was expected to consume four pounds of direct material per finished unit. The standard price of the direct material was $7.50 per pound. If the firm purchased and consumed 239,000 pounds in manufacturing (cost = $1,755,400), the direct-material quantity variance would be figured as:

A. $22,500 U.

B. $22,500 F.

C. $37,100 U.

D. $37,100 F.

Answer rating: 100% (QA)

Materials actual quantity 239000 Pound materials standard price 750 Standard ... View the full answer