Question - The actual cost of direct materials is $50.25 per pound. The standard cost per pound is $56.00. During the current period, 6,800 pounds were used in production. The standard quantity for actual units produced is 6.500 pounds. How much is the direct materials price variance?
A. $39,100 unfavorable
B. $39,100 favorable
C. $37,375 favorable
D. $37,375 unfavorable