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Crane Gold manufactures award medals. In August, Crane produced 4,300 medals, 300 more than expected. During the month, the company purchased 1,500 ounces of

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Crane Gold manufactures award medals. In August, Crane produced 4,300 medals, 300 more than expected. During the month, the company purchased 1,500 ounces of gold for $904,000. The standard price for the gold is $600 per ounce. The company actually used 1,400 ounces of gold for production. Calculate Crane'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

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