Morro Bay Surfboards manufactures fiberglass surfboards. The standard cost of direct materials and direct manufacturing labor is $225 per board. This includes 30 pounds of direct materials, at the budgeted price of $3 per pound, and 9 hours of direct manufacturing labor, at the budgeted rate of $15 per hour. Following are additional data for the month of July:

Units completed 5,500 units
Direct material purchases 190,000 pounds
Cost of direct material purchases $579,500
Actual direct manufacturing labor-hours 49,000 hours
Actual direct labor cost $739,900
Direct materials efficiency variance $ 1,500 F
There were no beginning inventories.

REQUIRED

1. Compute direct manufacturing labor variances for July.

2. Comput

e the actual pounds of direct materials used in production in July.

3. Calculate the actual price per pound of direct materials purchased.

4. Calculate the direct materials price variance.