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The Following Company Information Is Available for January The Direct Material Price Variance Is:
A) $5,000 Favorable
B)

question 55

Multiple Choice

The following company information is available for January:
 Direct materials used 2,500 feet @ $55 per foot  Standard costs for direct materials for January 2,600 feet @$53 per foot  production \begin{array} { l l } \text { Direct materials used } & 2,500 \text { feet @ \$55 per foot } \\\text { Standard costs for direct materials for January } & 2,600 \text { feet } @ \$ 53 \text { per foot } \\\text { production } &\end{array}
The direct material price variance is:

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