Madden Corporation manufactures tminus- shirts, which is its only product. The standards for tminus-shirts are as follows: Standard direct materials cost per yard $ 8 Standard direct materials quantity per tminus-shirt (yards) 1.5 During the month of May, the company produced 1,250 tminus-shirts. Related production data for the month follows: Actual yards of direct material purchased 1,400 Actual direct materials total cost $ 15,500 What is the direct materials price variance for the month? A. $4,300 unfavorable B. $3,800 favorable C. $4,300 favorable D. $3,800 unfavorable
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