Zillow Inc. has the following data related to direct materials costs for the current month:...
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Accounting
Zillow Inc. has the following data related to direct materials costs for the current month: actual cost for 7,000 pounds of material at $2.50 per pound and standard cost for 6,700 pounds of material at $3.20 per pound. What is the direct materials cost variance?
A) $3,940 unfavorable
B) -$3,940 favorable
C) $960 unfavorable
D) -$4,900 favorable
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