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The following data relate to direct materials costs for February: Materials cost per yard: standard,...

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Accounting

The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.94; actual, $2.05 Standard yards per unit: standard, 4.67 yards; actual, 5.25 yards Units of production: 9,300

Calculate the direct materials price variance.

a.$1,023.00 unfavorable

b.$4,777.41 favorable

c.$5,370.75 favorable

d.$5,370.75 unfavorable

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