Oyster Bay Surfboards manufactures fiberglass surfboards. The standard cost of direct materials and direct manufacturing labor is $214 per board. This includes 35 pounds of direct materials, at the budgeted price of $2 per pound, and 10 hours of direct manufacturing labor, at the budgeted rate of $14.40 per hour. Following are additional data for the month of July: Units completed 5,500 units

Direct material purchases 230,000 pounds

Cost of direct material purchases $782,000

Actual direct manufacturing labor-hours 48,000 hours

Actual direct labor cost $705,600

Direct materials efficiency variance $1,100 F

There were no beginning inventories.

Price variance $14,400 U

Efficiency variance $100,800 F

Flexible-budget variance $86,400 F

Requirement 2. Compute the actual pounds of direct materials used in production in July. Begin by computing the number of pounds represented by the direct materials efficiency variance. Determine the formula, then complete the computation.

/

=

Variance (pounds)