Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pharoah Manufacturing Company purchased 17400 switches to make 7700 units. The standard allows for 2 switches per unit. The company actually used 17900 to produce

Pharoah Manufacturing Company purchased 17400 switches to make 7700 units. The standard allows for 2 switches per unit. The company actually used 17900 to produce the 7700 units. Pharoah budgeted $0.86 per switch but had to pay $0.91 per switch. What is Pharoahs direct materials price variance for the period?

a) $870 unfavorable b) $895 unfavorable c) $770 unfavorable d) $585 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

Ethical Obligations And Decision Making In Accounting Text And Cases

Authors: Steven Mintz, Roselyn Morris

2nd Edition

0078025281, 9780078025280

More Books

Students also viewed these Accounting questions