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Business, 18.03.2021 23:30 DESI111609

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 6,300 Budgeted usage of PPS 56,700 pounds Actual number of units of Flex 10 manufactured 5,300 PPS purchased 70,520 pounds PPS used 52,000 pounds Total actual cost of PPS used $ 309,920 Direct materials usage variance $ 35,260 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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