Hushovd Iron Works has collected the following data for its Thunderbolt line of products: ...

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Hushovd Iron Works has collected the following data for its Thunderbolt line of products:

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Hushovd Iron Works has collected the following data for its Thunderbolt line of products: Direct materials standard Direct materials standard cost Actual Direct Materials Used (AQU) Actual finished goods purchased 5 pounds per unit $0.55 per pound 20,000 pounds 5,000 units What is the direct materials quantity variance? O A. $2,750 favorable O B. $2,750 unfavorable OC. $6,250 favorable OD. $6,250 unfavorable

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