Question
Blossom Manufacturing Company purchased 18600 switches to make 8300 units. The standard allows for 2 switches per unit. The company actually used 19100 to produce
Blossom Manufacturing Company purchased 18600 switches to make 8300 units. The standard allows for 2 switches per unit. The company actually used 19100 to produce the 8300 units. Blossom budgeted $0.92 per switch but had to pay $0.97 per switch. What is Blossoms direct materials price variance for the period?
$930 unfavorable
$955 unfavorable
$615 unfavorable
$830 unfavorable
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
