THE STANDARD DIRECT MATERIALS COST TO PRODUCE A UNIT OF A PRODUCT...

18. The standard direct materials cost to produce a unit of a product is four meters of materials

at P2.50 per meter. During June, 2015, 4,200 meters of materials costing P10,080 were

purchased and used to produce 1,000 units of the product. What was the materials price

variance for June, 2015?

a. P480 unfavorable c. P400 favorable

b. P 80 unfavorable d. P420 favorable