The following data relate to direct materials costs for February:Materials cost per yard: standard, $2.00; actual, $2.10Standard yards per unit: standard, 4.5 yards; actual, 4.75 yardsUnits of production: 9,500Calculate the direct materials price variance.
a.$378.00 unfavorable
b.$1,795.50 favorable
c.$378.00 favorable
d.$4,512.50 unfavorable
Use this information for St. Augustine Corporation to answer the question that follow.St. Augustine Corporation originally budgeted for $360,000 of fixed overhead at 100% of normal production capacity. Production was budgeted to be 12,000 units. The standard hours...