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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
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