Sheridan Gold manufactures award medals. In August, Sheridan produced 6,100 medals, 100 more than expected. During the month, the company purchased 1,100 ounces of gold for $869,000. The standard price for the gold is $800 per ounce. The company actually used 1,000 ounces of gold for production. Calculate Sheridans direct materials price variance for the month. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.)

Direct material price variance

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