In October, 5,000 meters of raw material were purchased at an actual cost of $4.50 per meter. During October, 4,850 meters of the raw material were used to produce 2,400 units of the completed product. Standards call for 2 meters of the raw material for each unit of the completed product. The standard price of the raw material is $4.70 per meter. The materials variances for October were:

Materials price variance Materials quantity variance

A) $970 ........F $225 U

B) $1000 ........F $225 U

C) $970 ........F $235 U

D) $1000 ........F $235 U