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Chapter 13, Problem 13.15AE
To determine

To prepare: The operating section of the statement of cash flows for the year ended December 31.

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Maston Incorporated has the following data for its operation in August: Increase in direct materials inventory 100 Sets Direct materials purchased (AQ) 1,600 Sets Finished goods manufactured 700 units Direct materials purchase-price variance $ 528 Favorable Budgeted     Finished goods to manufacture 800 Units Direct materials purchases 2,000 Sets Direct materials per unit of finished goods 2 Sets Direct materials price per set (SP) $ 4.40   What was the direct materials usage variance in August?
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