The following data relate to direct materials costs of Metal Head inc. for November: Actual...

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Accounting

The following data relate to direct materials costs of Metal Head inc. for November:

Actual costs 3,800 pounds at $7.00

Standard costs 3,900 pounds at $6.50

Refer to the information provided for MetalHead Inc. What is the direct materials price variance?

$1,950 unfavorable
$1,900 unfavorable
$1,950 favorable
$1,700 favorable

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