Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pharoah Manufacturing Company purchased 15200 switches to make 6600 units. The standard allows for 2 switches per unit. The company actually used 15700 to produce

Pharoah Manufacturing Company purchased 15200 switches to make 6600 units. The standard allows for 2 switches per unit. The company actually used 15700 to produce the 6600 units. Pharoah budgeted $0.75 per switch but had to pay $0.80 per switch. What is Pharoah's direct materials price variance for the period?

$660 unfavorable

$760 unfavorable

$530 unfavorable

$785 unfavorable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles

Authors: Jerry J Weygandt, Donald E Kieso, Paul D Kimmel

8th Edition

0471980196, 9780471980193

More Books

Students also viewed these Accounting questions