Leo Products mandottures faux boulders to be used in various landsceping applcations. A special resin is uned to make the boulders. The standied quantly of resin csed for each boulder is 20 pounde. Lee Products uses a standard cont of $1.50 per pound for the resin. The company produced 1,025 bouldens in dune in that month. 20.000 pounds of tesin were purthased at a bocal cost of 534,000 . A total of 19.750 pounds were used in producing the boulders in June. Read the ceckirements Requirement 1. Calculate the drect maserial price variance. cont and then round the find variance amourt to the nearest whole dslar. Label the varance as foverable of) or untororable (U). Abereviatons ised DM = Drect materias) ducts uses a standard cost of $1.50 per pound for the resin. The company produced 1,025 boulders in June, In that month, 20,000 pounds of resin were purchas unds were used in producing the boulders in June. ad the requirements. aquirement 1. Calculate the direct material price variance. \begin{tabular}{l} egin by determining the formula for the pricy and then round the final variance amour \\ Requirements \\ Rrable (U). Abbreviations used: DM = Direct m \\ \hline \end{tabular} Leo Products mandottures faux boulders to be used in various landsceping applcations. A special resin is uned to make the boulders. The standied quantly of resin csed for each boulder is 20 pounde. Lee Products uses a standard cont of $1.50 per pound for the resin. The company produced 1,025 bouldens in dune in that month. 20.000 pounds of tesin were purthased at a bocal cost of 534,000 . A total of 19.750 pounds were used in producing the boulders in June. Read the ceckirements Requirement 1. Calculate the drect maserial price variance. cont and then round the find variance amourt to the nearest whole dslar. Label the varance as foverable of) or untororable (U). Abereviatons ised DM = Drect materias) ducts uses a standard cost of $1.50 per pound for the resin. The company produced 1,025 boulders in June, In that month, 20,000 pounds of resin were purchas unds were used in producing the boulders in June. ad the requirements. aquirement 1. Calculate the direct material price variance. \begin{tabular}{l} egin by determining the formula for the pricy and then round the final variance amour \\ Requirements \\ Rrable (U). Abbreviations used: DM = Direct m \\ \hline \end{tabular}