Product G Uses Materials with a Standard Cost of £20

Multiple Choice

Product G uses materials with a standard cost of £20 per unit of production. The results for May show an unfavourable direct material price variance of £2,400 and a favourable direct material usage variance of £1,800. Actual production during May was 3,000 units of Product

A) £55,800
B) £59,400
C) £60,600
D) £64,200