Exeter has a materials standard of 1 pound per unit of output. Each pound has a standard price of $25 per pound. During July, Exeter paid $133,000 for 4,960 pounds, which it used to produce 4,780 units. What is the direct materials quantity variance? Multiple Choice O $9.000 unfavorable $7,100 unfavorable $4,500 unfavorable $8,100 favorable G Exeter has a materials standard of 1 pound per unit of output. Each pound has a standard price of $26 per pound. During July, Exeter paid $132.,200 for 4.950 pounds, which it used to produce 4,700 units. What is the direct materials price variance? Multiple Choice $10,000 unfavorable $12,600 unfavorable $3,500 unfavorable $2,600 favorable
