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Cultco Company Ltd has set the following direct material standards per unit of product: 2.5 kg @ $3.00 per kg; $7.50 per unit. During April, actual direct material purchased and used amounted to 8000 kg at a cost of $3.10 per kg. Actual production amounted to 3000 units. Determine Cultco's direct material price variance.
Berlin
The capital and largest city of Germany, known for its cultural heritage, historical significance, and role in world politics.
Fourteen Points
A statement of principles for peace that was to be used for peace negotiations in order to end World War I, proposed by U.S. President Woodrow Wilson.
Woodrow Wilson
The 28th President of the United States (1913-1921) known for leading the country during World War I and advocating for the League of Nations.
Peace
A state or period in which there is no war or any other kind of conflict, often associated with tranquility, harmony, and the absence of hostility.
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