Sammamish Company Utilizes a Standard Cost System

Multiple Choice

Sammamish Company utilizes a standard cost system. The standard quantity for production is 10 pounds of material, and the standard price is $3 per pound. The actual quantity was 9 pounds, and the actual price was $3.20 per pound. Given this information, Sammamish would have a(n) :

A) Favorable materials price variance and a favorable materials quantity variance
B) Favorable materials price variance and an unfavorable materials quantity variance
C) Unfavorable materials price variance and a favorable materials quantity variance
D) Unfavorable materials price variance and an unfavorable materials quantity variance