Problem 11.42 (Part Level Submission) The Mighty Morphs produces two popular games: Powerful Puffs (PP) and Mini-Mite Morphs (MMM). Following are standard costs. Powerful Puffs Standard Standard Quantity Price 1.08 DVD/unit $0.35 /DVD 1.03 book/unit $3/book 0.01 hour/unit $15 /hour Mini-Mite Morphs Standard Standard Quantity Price 1.08 DVD/unit $0.35 /DVD 1.03 book/unit $5 /book 0.03 hour/unit $15 /hour DVDs Documentation Assembly labour The standards call for more than one DVD and documentation book per unit because of normal waste due to faulty DVDs and poor binding. Actual costs for last week follow: DVDs purchased (at $0.39) DVDs used Powerful Puffs games produced Powerful Puffs documentation printed (at $2.95) Powerful Puffs documentation used Mini-Mite Morphs games produced Mini-Mite Morphs documentation printed (at $4.75) Mini-Mite Morphs documentation used Assembly labour cost (55 hours) $ 780 2,025 1,000 $ 4,425 1,005 800 $ 4,750 825 $ 795 Management decided it would require too effort keep track how many DVDs urs are used for each of the games separately. Accordingly, the DVD materials and labour variances are combined rather computed separately for each game. The price variances are recorded at time of purchase. (a) What is the documentation price variance for MMM? (Round to 2 decimal places, e.g. 15.25.)