Cavern Company's output for the current period results in a $6,100 unfavorable direct material price variance. The actual price per pound is $60.00, and the standard price per pound is $55.00. How many pounds of material are used in the current period?

A. 6,100
B. 7,320
C. 1,220
D. 1,118
E. 7,218

The amount of material used in the current period of Cavern Company that results in an unfavorable direct material price variance can be calculated using the given information.

The formula to calculate the direct material price variance is DM price variance = (Actual Quantity x Actual Price) - (Actual Quantity x Standard Price)Where Actual Quantity = The actual amount of material used during the period.

Actual Price = The actual price per unit of material used during the period. Standard Price = The standard price per unit of material used during the period.

Given, Actual price per pound = $60 Standard price per pound = $55DM price variance = $6,100Substituting the values in the formula, we get: DM price variance = (Actual Quantity x Actual Price) - (Actual Quantity x Standard Price)$6,100 = Actual Quantity x ($60 - $55)$6,100 = Actual Quantity x $5Actual Quantity = $6,100/$5 Actual Quantity = 1,220 pounds

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Cavern Company's output for the current period results in a $6,100 unfavorable direct material price variance. The actual price per pound is $60.00, and the standard price per pound is $55.00. How many pounds of material are used in the current period?A. 6,100 B. 7,320 C. 1,220 D. 1,118 E. 7,218

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Cavern Company's output for the current period results in a $6,100 unfavorable direct material price variance. The actual price per pound is $60.00, and the standard price per pound is $55.00. How many pounds of material are used in the current period?

A. 6,100
B. 7,320
C. 1,220
D. 1,118
E. 7,218