A manufacturer of radios purchases components from subcontractors for assembly into complete radios. Each radio requires three units each of Part X, which has a standard cost of $2.90 per unit. During June, the company had the following experience with respect to Part X: Units Purchases ($36,000) 12,000 Consumed in manufacturing 10,000 Radios manufactured 3,000 During June, the company incurred a materials purchase-price variance of Group of answer choices $1,200 unfavorable $900 unfavorable $900 favorable $1,200 favorable
A manufacturer of radios purchases components from subcontractors for assembly into complete radios. Each radio requires three units each of Part X, which has a
Units
Purchases ($36,000) 12,000
Consumed in manufacturing 10,000
Radios manufactured 3,000
During June, the company incurred a materials purchase-price variance of
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