View Policies Current Attempt in Progress Sheridan WaterWorks manufactures snorkel gear. During the past month, Washington purchased 2,600 pounds of plastic to use in its dive masks, at a cost of $5,400. The standard price for the plastic is $1.50 per pound. The company actually used 2,500 pounds of the plastic to produce 17,000 dive masks. Calculate Sheridan's direct materials price variance for the month. (Round intermediate calculations to 5 decimal places, e.g. 1.24638 and final answer to 0 decimal places, e.g. 5,275.) $ Direct material price variance e Textbook and Media View Policies Current Attempt in Progress Concord Gold manufactures award medals. In August, Concord produced 5,300 medals, 300 more than expected. During the month, the company purchased 1,400 ounces of gold for $1,265,000. The standard price for the gold is $900 per ounce. The company actually used 1,300 ounces of gold for production. Calculate Concord's direct materials price variance for the month. (If variance is zero, select "Not Applicable" and enter O for the amounts.) $ Direct material price variance e Textbook and Media