Sitka Industries uses a cost system that carries direct materials inventory at a standard cost....
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Sitka Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for one ladder (unit): Sitka Industries cost standards Standard Quantity Standard Price 2 pounds $4.99 per pound 2.41 hours $12.52 per hour Direct materials Direct labor Sitka Industries made 2.740 ladders in July and used 9,368 pounds of material to make these units. Smith Industries bought 17,518 pounds of material in the current period. There was a $211 unfavorable direct materials price variance, What is the direct materials quantity variance? Round to the nearest whole dollar, no decimals. If it is an unfavorable variance, enter a positive number. If is a favorable variance, enter a negative number using a - dash not parentheses
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