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StuckinMyHouse book company is a boutique shop that produces a small selection of adult coloring books. The first quarter 2020 Master Budget was based on
StuckinMyHouse book company is a boutique shop that produces a small selection of adult coloring books. The first quarter 2020 Master Budget was based on selling 1,200 units, with a direct materials cost of $2,304. The company experienced an unexpected surge in purchases, actually selling 2,300 coloring books. It incurred $5,152 of direct materials cost. Because the number of pages in each coloring book remained unchanged, paper and ink usage was as expected. Paper and ink are the only direct materials. How much is the price variance for direct materials? [Do NOT put a $ in your answer]
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