49. PVC Pro produces PVC pipe in 12 foot lengths. The following information was provided concerning its labor and materials Actual Data Produced Materials used Labor worked 12,200 units 4,650 lbs. @ $7.00 per pound 7,450 hrs. costing $80,460 Budget Data Budgeted units 12,000 units Budgeted materials per pipe Budgeted labor per pipe 0.40 lb.@ $7.10 per pound 0.60 hours @ $11.00 per hour How much is the materials price variance? A. $1,530 F B. $465 F C. $1,050F D. $1,065 F