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Duralast is a company which manufactures automotive and marine batteries. The have developed standard costs for direct material and direct labor. In 2022, Duralast estimated

Duralast is a company which manufactures automotive and marine batteries. The have developed standard costs for direct material and direct labor. In 2022, Duralast estimated the following standard costs for one of their major products, an 800 amp battery.

Budgeted quantity Budgeted price
Direct materials 0.70 pounds $70 per pound
Direct labor 0.10 hours $35 per hour

During April, Duralast produced and sold 25,000 containers. They purchased 23,000 pounds of direct materials and used 21,000 pounds of direct materials at an average cost per pound of $75 and 17,500 direct manufacturing labor-hours at an average wage of $35.75 per hour. The direct material price variance during April is ________.

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