Question: Use this information to answer the question that follow. The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.98;
Use this information to answer the question that follow. The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.98; actual, $2.04 Standard yards per unit: standard, 4.69 yards; actual, 5.29 yards Units of production: 9,500 Calculate the direct materials price variance.
a.$570.00 unfavorable
b.$2,673.30 favorable
c.$3,015.30 unfavorable
d.$3,015.30 favorable
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