Marigold WaterWorks manufactures snorkel gear. During the past month, Washington purchased 3,400 pounds of plastic...
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Marigold WaterWorks manufactures snorkel gear. During the past month, Washington purchased 3,400 pounds of plastic to use in its dive masks, at a cost of $7,600. The standard price for the plastic is $2.00 per pound. The company actually used 3,300 pounds of the plastic to produce 19,000 dive masks.
Calculate Marigolds direct materials price variance for the month.
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