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During May, Moon purchased 1 6 0 , 0 0 0 pounds of direct material at a total cost of $ 3 0 4 ,

During May, Moon purchased 160,000 pounds of direct material at a total cost of
$304,000. The total direct labor wages for May were $37,800. Moon manufactured
19,000 units of product during May using 142,500 pounds of direct material and
5,000 direct labor hours.
Compute direct material price variance for May.
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