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Flash Electronics, Inc. gathered the following direct materials cost information for the month of March: Actual quantity purchased and used in production 33,900 gallons Actual

Flash Electronics, Inc. gathered the following direct materials cost information for the month of March:

Actual quantity purchased and used in production 33,900 gallons
Actual price per gallon purchased $8.50
Standard price per gallon $8.85
Standard quantity allowed for actual production 34,400 gallons

The direct materials price variance is:

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