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Compute what the direct materials cost variance is

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Reference no: EM132736097

Problem 1: Charlie Company produces a product that requires 2 standard pounds per unit. The standard price is $3.75 per pound. If 15,000 units used 35,000 pounds, which were purchased at $4.00 per pound, the direct materials (total) cost variance is _____.

A. $8,750 unfavorable
B. $18,750 unfavorable
C. $27,500 favorable
D. $27,500 unfavorable
E. none of the above

Reference no: EM132736097

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