What is the materials price variance for Oriole for June

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Question - In June, Oriole Manufacturing purchased 6500 gallons of blue dye used to produce stone-washed denim clothing. The price per gallon was $1.24 and the company used 5900 gallons of the dye during the month. The standard price for the dye is $1.27. What is the materials price variance for Oriole for June?

Reference no: EM132992244

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