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Sitka Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for one ladder (unit):
Sitka Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for one ladder (unit): Sitka Industries made 2,900 ladders in July and used 8,900 pounds of material to make these units. Smith Industries bought 15,000 pounds of material in the current period. There was a $280 unfavorable direct materials price variance. What is the direct materials quantity variance? [Hint: enter your answer as POSITIVE to denote favorable, and NEGATIVE to denote unfavorable) (Include commas your answer) Your
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