Coronado WaterWorks manufactures snorkel gear. During the past month, Washington purchased...
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Coronado WaterWorks manufactures snorkel gear. During the past month, Washington purchased 2,600 pounds of plastic to use in its dive masks, at a cost of $ 5,900. The standard price for the plastic is $ 2.10 per pound. The company actually used 2.500 pounds of the plastic to produce 14.000 dive masks. Calculate Coronado's direct materials price variance for the month. (Round intermediate calculations to 5 decimal places, e.g. 1.24638 and final answer to 0 decimal places, e.g. 5,275.) Direct material price variance
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