The Armstrong Corporation developed a flexible budget for its production process. Armstrong budgeted to use 12,000 pounds of direct material with a standard cost of $ 11 per pound to produce 10,000 units of finished product. Armstrong actually purchased 18,000 pounds and used 13,000 pounds of direct material with a cost of $24 per pound to produce 10,000 units of finished product. Given these results, what is Armstrong's direct material pricevariance?
A. $234,000 unfavorable
B. $156,000 unfavorable
C. $234,000 favorable
D. $156,000 favorable

A. $234,000 unfavorable

Explanation:

The direct materials Price variance will be calculated considering the purchased amount.

std cost  $11.00

actual cost  $24.00

quantity18,000

difference  $(13.00)

price variance  $(234,000.00)

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.