What is Pharoah direct materials price variance

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Question - Pharoah Manufacturing Company purchased 17400 switches to make 7700 units. The standard allows for 2 switches per unit. The company actually used 17900 to produce the 7700 units. Pharoah budgeted $0.86 per switch but had to pay $0.91 per switch. What is Pharoah's direct materials price variance for the period?

a. $870 unfavorable

b. $770 unfavorable

c. $585 unfavorable

d. $895 unfavorable

Reference no: EM133035572

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