Coronado Gold manufactures award medals. In August, Coronado produced 4,600 medals, 100 more than expected. During the month, the company purchased 1,300 ounces of gold for $767,000. The standard price for the gold is $600 per ounce. The company actually used 1,200 ounces of gold for production. Calculate Coronado's direct materials price variance for the month. (If variance is zero, select "Not Applicable" and enter O for the amounts.) Direct material price variance ! Favorable Not Applicable Unfavorable e Textbook and Media