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4. The following materials standards have been established for a particular product: Standard quantity per unit of output 4.8 feet Standard price $19.60 per feet

4.

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

Standard quantity per unit of output 4.8 feet
Standard price $19.60 per feet

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

Actual materials purchased 1,120 feet
Actual cost of materials purchased $21,280
Actual materials used in production 1,020 feet
Actual output 120 units

What is the materials price variance for the month?

A. $612 U
B. $672 U
C. $612 F
D. $672 F

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