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 Direct materials 4 pounds $4.17 per pound Direct labor 4.09 hours $12.8 per hour Sitka Industries made 2,568 ladders in July and used 8,950 pounds of material to make these units. Smith Industries bought 15,103 pounds of material in the current period. There was a $220 unfavorable direct materials price variance.  What is the total direct materials cost 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

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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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
Direct materials 4 pounds $4.17 per pound
Direct labor 4.09 hours $12.8 per hour

Sitka Industries made 2,568 ladders in July and used 8,950 pounds of material to make these units. Smith Industries bought 15,103 pounds of material in the current period. There was a $220 unfavorable direct materials price variance. 

What is the total direct materials cost 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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