nformation concerning Johnston Co.'s direct materials costs is as follows: Standard price per pound $ 6.45 Actual quantity purchased 2,850 pounds Actual quantity used in production 2,750 pounds Units of product manufactured 700 Materials purchase-price variance-favorable $ 855 Budget data for the period: Units to manufacture 1,000 Units of direct materials 4,000 pounds The direct materials usage variance for the period, rounded to two decimal places, is:a. $713. b. $713. c. $6.50 d. $6.12 e. $6.75 f. $615 g. $6.15
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