Gentile Corporation makes a product with the following standard costs: 
The company produced 6,000 units in May using 36,970 kilos of direct material and 4,340 direct labor-hours. During the month, the company purchased 40,400 kilos of the direct material at $4.70 per kilo. The actual direct labor rate was $13.70 per hour and the actual variable overhead rate was $2.70 per hour.
The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.
-The materials price variance for May is:
Definitions:
Conscientiousness
A personality trait characterized by diligence, carefulness, thoroughness, and organization.
Big Five Trait
A model that outlines five broad dimensions of human personality traits, including openness, conscientiousness, extraversion, agreeableness, and neuroticism.
Volunteering
The act of offering services willingly without the expectation of payment.
Agreeableness
A personality trait characterized by warmth, friendliness, and a cooperative disposition.
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