Question: Please explain step by step. Thank you Given the following information for Albright Company, what was the direct materials cost variance? Manufacturing Costs Actual Costs

Please explain step by step. Thank you

Given the following information for Albright Company, what was the direct materials cost variance?

Manufacturing Costs Actual Costs Standard Cost at Actual Volume Budgeted Cost
Direct materials $ 80,300 $ 76,000 $ 71,250
Direct labor 77,000 72,500 68,400
Factory overhead 44,800 48,000 45,600
Total $202,100 $196,500 $185,250

a.$(9,050) favorable

b.$4,300 unfavorable

c.$(4,300) favorable

d.$9,050 unfavorable

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