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Heavy Products, Inc. uses standard costs for direct material and direct labor. Budgeted quantity Budgeted...

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Accounting

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Heavy Products, Inc. uses standard costs for direct material and direct labor. Budgeted quantity Budgeted price Direct materials 0.70 pounds $70 per pound During June, It produced and sold 25,000 units using 23,000 pounds of direct materials at a cost per pound of $75. The direct material price variance during June is A. $115,000 unfavorable B. $500,000 favorable C. $500,000 unfavorable D. $13,125 favorable

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