Devoto 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 materials6.6 grams$7.70 per gramThe company has reported the following actual results for the product for June: Actual output 9,200unitsRaw materials purchased 64,500gramsActual cost of raw materials purchased$548,250 Raw materials used in production 60,710gramsThe raw materials price variance for the month is closest to:
A. $48,568 U
B. $51,600 U
C. $48,568 F
D. $51,600 F
Answer: B
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