Q1 part 1 of 2

pls help will upvote

Daisy Ceramics produces large planters to be used in urban landscaping peojects. A spocial earth elay is used to make the planters. The standard quantily of clay used sor each planter is 19 pounts. The company uses a standard cost of $2.05 per pound of day. Daisy produced 4,250 plsnters in May. In that month, 85.000 pounds ol clay were purchased and used ad the that cost of $170, oon Read the requirements Requirement 1. Calculate the direct material peice vaciance. Begin by determining the formula tor the prico variance, then oompute the price variance for the drect materials. (Enter the varasce as a poucve number. Enter curency ameunts in ine lemula is the nearest cent and then round the final variance anount to the nearest whole dolar Label Fe voribnce as foronable (F) or untarorable (U). Abbreviatons used: DM = Direct moleriab)