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Find what the direct-material price variance is

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Reference no: EM132738595

Consider the following information:

Direct material purchased and used, 80,000 gallons

Standard quantity of direct material allowed for May production, 76,000 gallons

Actual cost of direct materials purchased and used, P176,000

Unfavorable direct-material quantity variance, P9,400

Problem 1: The direct-material price variance is:

A. P11,400U.

B. P12,000U.

C. P11,400F.

D. P12,000F.

Reference no: EM132738595

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