Multiple Choice
Johnston Manufacturing Company purchased 14,000 switches to make 6,000 units.The standard allows for 2 switches per unit.The company actually used 14,500 to produce the 6,000 units.Johnston budgeted $0.75 per switch but had to pay $0.80 per switch.What is Johnston's direct materials price variance for the period?
A) $500 unfavorable
B) $600 unfavorable
C) $700 unfavorable
D) $725 unfavorable
Correct Answer:
Verified
Correct Answer:
Verified
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