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Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment product, Flex 10. Information concerning its operation in June

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Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment product, Flex 10. Information concerning its operation in June is as follows 6,700 60,300 pounds Budgeted units of Flex 10 for June Budgeted usage of PPS Actual number of units of Flex 10 manufactured PPS purchased PPS used Total actual cost of PPS used Direct materials usage variance-unfavorable 5,700 78,960 pounds 56,000 pounds $356,160 39,480 unfavorable Assume that Norio does not maintain an inventory of materials, so that the amount of materials used is equal to the amount of materials purchased. The actual purchase price per pound of PPS used (rounded to two decimal places) is: Multiple Choice $7.09. $9.93. $6.36 O $4.51. $8.40

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