Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in digital equipment, Flex 10. Information concerning its operation in June is as follows:

Budgeted units of Flex 10 for June…………………………………………………………3,900 Budgeted usage of FPS……………………………………………………………………………………………36,100pounds

Number of units of Flex 10 manufactured………………………………………………………………..3,200 PFS purchased…………………………………………………………………………………..34,860pounds

PFS used……………………………………………………………………………………..31,800 pounds

Total actual cost of FPS used…………………………………………………………………………….$179,558

Direct materials usage variance - unfavorable…………………………………………………….$17,140

The direct materials purchase-price variance is:

$17,140 favorable

$77,311 unfavorable

$87,311 favorable

$77,311 favorable

$17,140 unfavorable

Answer rating: 100% (QA)

Computation of the following 1 Direct materials purc... View the full answer