Kilo Company ubes a standsrd coiting systein the alowi 20 psunds of drect materials for one finished unit of product Dunng July, the compony purchared 47000 pounds af diect iratatiak for materiah usage verimece ol 58,500 . Wisa, the compery records bny phice variance for materials at time of purchsse. The direct materials purthate prioe vaiance in July was: frecoo untworahe Mudoburifenouta twe yoo umeat mik siesogiatromin