Question 2 of 10 5/ 10 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Sheridan Gold manufactures award medals. In August, Sheridan produced 6,000 medals, 300 more than expected. During the month, the company purchased 1,200 ounces of gold for $723,000. The standard price for the gold is $600 per ounce. The company actually used 1,100 ounces of gold for production. Calculate Sheridan's direct materials price variance for the month. (If variance is zero, select "Not Applicable" and enter O for the amounts.) $ 2750 Unfavorable Direct material price variance e Textbook and Media Save for Later Attempts: 1 of 3 used Submit