Find the direct-material price variance

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Reference no: EM132798076

Question - 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

Required - Find the direct-material price variance?

A. P2,880U

B. P2,920F.

C. P2,920U.

D. P3,000U.

Reference no: EM132798076

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