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Sunland Gold manufactures award medals. In August, Sunland produced 5,260 medals, 178 more than expected. During the month, the company purchased 1,460 ounces of gold
Sunland Gold manufactures award medals. In August, Sunland produced 5,260 medals, 178 more than expected. During the month, the company purchased 1,460 ounces of gold for $1,223,000. The standard price for the gold is $844 per ounce. The company actually used 1,352 ounces of gold for production. Calculate Sunlands 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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