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, $1.91;
Use this information to answer the question that follow. The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.91; actual, $2.03 Standard yards per unit: standard, 4.65 yards; actual, 5.29 yards Units of production: 9,300 Calculate the direct materials price variance.
a.$1,116.00 unfavorable
b.$5,903.64 unfavorable
c.$5,903.64 favorable
d.$5,189.40 favorable
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