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Warren Company manufactures pans. Below is the information related to its direct material costs: Standard...

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Accounting

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Warren Company manufactures pans. Below is the information related to its direct material costs: Standard amount of material used per pan 1.5 lb Standard cost per lb $5 Actual amount of material used per pan 2.8 Ib Actual cost per lb $6.5 Actual number of pans produced and sold 1,990 Actual cost per lb $6.5 Actual number of pans produced and sold 1,99 Warren's direct material spending variance is $ Indicate the amount and whether it is Favorable or Unfavorable by placing F or U by amount, do not skipa space and do not use $ in your answer. For example, if your answer is $1,000 favorable, answer 1000F

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