$1$

$\frac{0}{1}$ point

Elias LLC$\text{'}$s standard materials cost per unit of output is $$38\mathrm{.}69(5\mathrm{.}30$ pounds $$$$7\mathrm{.}30).$ During May, the Elias purchases and uses $8,050$ pounds of materials costing $$60,578$ in making $1,600$ units of finished product.

Determine the materials price variance. $($Round per unit values to $2$ decimal places, e$.$g$.19\mathrm{.}05)$

$$

Correct Answer: $1,813\mathrm{.}00$