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What is crane direct materials price variance for period

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Reference no: EM133073286

Question - Crane Manufacturing Company purchased 18800 switches to make 8400 units. The standard allows for 2 switches per unit. The company actually used 19300 to produce the 8400 units. Crane budgeted $0.93 per switch but had to pay $0.98 per switch. What is Crane's direct materials price variance for the period?

a. $965 unfavorable

b. $940 unfavorable

c. $840 unfavorable

d. $620 unfavorable

Reference no: EM133073286

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