Problem:
The standard for direct material's is making a certain product is 20 pounds at $0.75 per pound. During the past period, 56,000 units of product were made and the material quantity variance was $30,000 U. The number of pounds of direct material used during the period amounts to: A. 1,080,000 B. 1,160,000 C. 1,200,000 D. 784,000
Note: Explain all steps comprehensively.