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Sunland Gold manufactures award medals. In August, Sunland produced 5,410 medals, 165 more than expected. During the month, the company purchased 1,420 ounces of gold
Sunland Gold manufactures award medals. In August, Sunland produced 5,410 medals, 165 more than expected. During the month, the company purchased 1,420 ounces of gold for $1,209,000. The standard price for the gold is $859 per ounce. The company actually used 1,237 ounces of gold for production.
Calculate Sunlands direct materials price variance for the month.
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