Question: solve Future Corporation has collected the following data for one of its products: Direct materials standard (2 pounds per unit @ $0.45/lb.) $0.90 per finished

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Future Corporation has collected the following data for one of its products: Direct materials standard (2 pounds per unit @ $0.45/lb.) $0.90 per finished good Actual direct materials purchased 33,000 pounds Actual Direct Materials Used (AQU) 29,000 pounds Actual Price (AP) paid per pound $0.48 How much is the direct materials price variance? ) A. $990 favorable B. $870 unfavorable ) C. $870 favorable D. $990 unfavorable

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