the labor variant I for $583,200 C. Three units of materials are budgeted for use in each finished good manufactured, with t set at $16.50 for each completed product. Frisco manufactured 32,700 d both the material variance and the laD the raw material t rial. If management is conred a d 32, CMA 10-5. Frisco Company recently purchased 108,000 units of raw material for $58320 th about the timely reporting of variances in an effort to improve cost control and bot materials purchase price variance should be reported as a. $6,050 unfavorable. b $9,920 favorable. c $10,800 unfavorable. d. $10,800 favorable. peeod 'ust ended and used 99,200 units of raw material. If management is ed units du EXTENDING YOUR KNOWLEDGE EYK10-1. Business Decision Case Porter Corporation has just hired Bill Harlow as its new co ntroller.Al. though Harlow has had little formal accounting training, he professes to be highly experie having learned accounting "the hard way" in the field. At the end of his first month's work, Harlow prepared the following performance report