#22

The following materials standards have been established for a particular product:

Standard quantity per unit of output	8.4	meters
Standard price	$14.05	per meter

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

Actual materials purchased	6,000	meters
Actual cost of materials purchased	$72,000
Actual materials used in production	5,800	meters
Actual output	560	units

What is the materials price variance for the month?

a. $18,080 U

b. $13,152 U

c. $2,400 U

d. $12,300 F