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What is the materials price variance for sunland for june

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Question - In June, Sunland Manufacturing purchased 7900 gallons of blue dye used to produce stone-washed denim clothing. The price per gallon was $1.20 and the company used 7300 gallons of the dye during the month. The standard price for the dye is $1.23. What is the materials price variance for Sunland for June?

a. $237 favorable

b. $237 unfavorable

c. $219 favorable

d. $219 unfavorable

Reference no: EM133179765

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