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

1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.