Bradford Company budgeted 4,750 pounds of m

Bradford Company budgeted 4,750 pounds of material costing $6.5 per pound to produce 2,375 units. The company actually used 12,000 pounds that cost $6.6 per pound to produce 2,375 units. What is the direct materials price variance?

$47,850 unfavorable
$47,125 unfavorable
$1,200 unfavorable
$47,375 unfavorable
$475 unfavorable

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Best answer

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Tariq Ahmad Bhat answered this 6 minutes later

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191 answers • 51% Best Answer

1, $47,850 unfavorable is correct answer,
4,750 pounds x $6.6 - 12,000 pounds x $6.6 = $(47,850)

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