Crockett Co. is a manufacturing company. The standard price for Shell Cordovanthe raw materialis per sheet. One unit of their product normally requires 0.4 sheet. Crocked purchased 112 sheets, but only used 106 of them in December The 112 sheets of Shell Cordovan cost Crockett a total of 54,768. What is the price variance of the direct material for the company in December ? 1768 Unfavorable

1232 Favorable

1232 Unfavorable

1768 Favorable