Bumgardner Inc. has provided the following data concerning one of the products in its standard cost system.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materials8.0 liters$5.00 per liter?The company has reported the following actual results for the product for April: Actual output 7,400unitsRaw materials purchased 65,400litersActual price of raw materials$5.70per literRaw materials used in production 59,210liters?The direct materials purchases variance is computed when the materials are purchased.?The raw materials price variance for the month is closest to:
A. $41,447 F
B. $45,780 U
C. $41,447 U
D. $45,780 F
Answer: B
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