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Business, 18.03.2021 01:40 ManBun99

Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment product, Flex 10. Information concerning its operation in June is as follows: Budgeted units of Flex 10 for June 6,400 Budgeted usage of PPS 57,600 pounds Actual number of units of Flex 10 manufactured 5,400 PPS purchased 71,280 pounds PPS used 53,000 pounds Total actual cost of PPS used $ 321,180 Direct materials usage variance $ 35,640 unfavorable Assume that Norio recognizes the material purchase-price variance at the point of purchase. The direct materials purchase-price variance (rounded to the nearest dollar) is:

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