The following material standards have been established for a particular product: Standard quantity per unit of output... 6.8 Meters Standard Price...$14.40 per Meter



The following data pertain to operations concerning teh product for the last month:

Actual materials purchased... 4,400 meters

Actual cost of materials purchased... $60,500

Actual materials used in production...3,800 meters

Actual output...400 units



Q: What is the materials price variance for the month?

A:$14,850 U

B:$8,250 U

C:$8,640 U

D:$2,860 F