What is the DM Price Variance, given the following info: Actual Costs = 4,600 lbs. at $5.50 Standard Costs = 4,500 lbs. at $6.00 Group of answer choices $1,700.00 unfavorable $2,250.00 favorable $2,300.00 favorable $2,250.00 unfavorable

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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What is the DM Price Variance, given the following info:

Actual Costs = 4,600 lbs. at $5.50

Standard Costs = 4,500 lbs. at $6.00

Group of answer choices
$1,700.00 unfavorable
$2,250.00 favorable
$2,300.00 favorable
$2,250.00 unfavorable
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