The following company Information is available for March The

The following company Information is available for March. The direct materials price varlance ls: Direct materials purchased and used Standard costs for direct materials for March production 3,700 feet 3,800 feet $82 per foot $80 per foot $7400 favorable O $600 favorable. O$7600 unfavorable. O $7400 unfavorable $7600 favorable.

Solution

D. $7,400 unfavorable

Direct materials price variance = ($82 - $80) (3,700) = $7,400 unfavorable