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Calculate concord direct materials price variance

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Question - Concord WaterWorks manufactures snorkel gear. During the past month, Washington purchased 3,600 pounds of plastic to use in its dive masks, at a cost of $6,000. The standard price for the plastic is $1.50 per pound. The company actually used 3,500 pounds of the plastic to produce 17,000 dive masks. Calculate Concord's direct materials price variance for the month.

Reference no: EM133177366

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