Bramble Gold manufactures award medals. In August, Bramble produced 4,000 medals, 300 more than expected....

50.1K

Verified Solution

Question

Accounting

Bramble Gold manufactures award medals. In August, Bramble produced 4,000 medals, 300 more than expected. During the month, the company purchased 1,500 ounces of gold for $1,054,000. The standard price for the gold is $700 per ounce. The company actually used 1,400 ounces of gold for production. Calculate Brambles direct materials price variance for the month. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.) Direct material price variance $enter the direct material price variance in dollars select an item

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students