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Kyle,IncHas Collected the Following Data on One of Its Products

question 117

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Kyle,Inc.has collected the following data on one of its products.The direct materials price variance is:
 Direct materials stardard (4lbs. @ $1/lb.)  $4 per firished unit  Total direct materials cost variance-unfavorable $13,750 Actual direct materials used 150,000 bs.  Actual firushed units produced 30,000 units \begin{array} { l l } \text { Direct materials stardard (4lbs. @ \$1/lb.) } & \$ 4 \text { per firished unit } \\\text { Total direct materials cost variance-unfavorable } & \$ 13,750 \\\text { Actual direct materials used } & 150,000 \text { bs. } \\\text { Actual firushed units produced } & 30,000 \text { units }\end{array}

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