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The Following Data Relate to Direct Materials Costs of Texas

question 18

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The following data relate to direct materials costs of Texas Inc. for November:  4,500 pounds at $6.00  Actual costs  4,600 pounds at $5.50 Standard costs \begin{array}{lrr} \text { 4,500 pounds at \( \$ 6.00 \) } & \text { Actual costs }\\ \text { 4,600 pounds at \( \$ 5.50 \) } & \text {Standard costs }\\\end{array}
Refer to the information provided for Texas Inc. What is the direct materials price variance?


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