Solve the direct materials price variance

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Reference no: EM132516872

Company A makes a single product with the following standard material costs per unit:

2kg of Material X at $10/kg

Actual production cost for the period are:

Actual output 1,000 units,

2,250 kg of Material X purchased and used

Actual Material Cost $20,800

Question 1: Calculate the Direct materials price variance

Reference no: EM132516872

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