Solution-What the direct-material price variance would be

What the direct-material price variance would be calculated

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Reference no: EM132746856

Problem 1: Solo Corporation recently purchased 25,000 gallons of direct material at P5.60 per gallon. Usage by the end of the period amounted to 23,000 gallons. If the standard cost is P6.00 per gallon and the company believes in computing variances at the earliest point possible, the direct-material price variance would be calculated as:

a. P9,200F

b. P9,200U.

c. P10,000F.

d. P800F.

Reference no: EM132746856

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What the direct-material price variance would be calculated

Reference no: EM132746856

Reference no: EM132746856

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