Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Jennthejelly Jennthejelly
wrote...
Go to Answer
Posts: 177
Rep: 0 0
A year ago
Johnston Manufacturing Company purchased 14,000 switches to make 6,000 units. The standard allows for 2 switches per unit. The company actually used 12,500 to produce the 6,000 units. Johnston budgeted $0.75 per switch, but because they received a discount for purchasing more than 10,000 switches, they received a discount of $0.05 per switch and paid $0.70 each. What is Johnston's direct materials price variance for the period?

▸ $625 favorable

▸ $600 favorable

▸ $500 favorable

▸ $700 favorable
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 39 times
1 Reply
Replies
Answer verified by a subject expert
marcospolosmarcospolos
wrote...
#1
Posts: 159
Rep: 2 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Jennthejelly Author
wrote...

A year ago
This calls for a celebration Person Raising Both Hands in Celebration
TheMoffattMan
wrote...

Yesterday
Just got PERFECT on my quiz
hmonier
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  2128 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 193
  
 365
  
 75
Your Opinion
How often do you eat-out per week?
Votes: 81
Previous poll results: Which country would you like to visit for its food?