Answer
$85,000\text{ F}$
Work Step by Step
Again same formula but if it is price variance and there is ending inventory (purchase>production need) then, we take AQ, as quantity purchased.
$170,000(7.5-8)=85,000F$
Managerial Accounting (15th Edition)
by Garrison, Ray; Noreen, Eric, Brewer, Peter
Published by
McGraw-Hill Education
ISBN 10:
007802563X
ISBN 13:
978-0-07802-563-1
Chapter 10 - Standard Costs and Variances - The Foundational 15 - Required - Page 450: 5
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