The following company information is available for January:
The direct material price variance is:
| Direct materials used | 2,600 feet @$52 per foot |
| Standard costs for direct materials for January production | 2,700 feet @ $50 per foot |
The direct material price variance is:
| $8,200 unfavorable. | |
| $4,950 favorable. | |
| $6,950 favorable. | |
| $5,200 unfavorable. | |
| $5,300 favorable. $5,200 unfavorable. |
