Solution-Compute what the direct-material price variance is

Compute what the direct-material price variance is

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Reference no: EM132738598

The following data relate to product no. 89 of Peter Corporation:

Direct material standard: 3 square feet at P2.50 per square foot

Direct material purchases: 30,000 square feet at P2.60 per square foot

Direct material consumed: 29,200 square feet

Manufacturing activity, product no. 89: 9,600 units completed

Problem 1: The direct-material price variance is:

A. P2,920U.

B. P3,000U.

C. P2,920F.

D. P2,880U

Reference no: EM132738598

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Compute what the direct-material price variance is

Reference no: EM132738598

Reference no: EM132738598

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