5. (1/2 point) The Porter Company has a standard cost system. In July the company purchased and used 22,500 pounds of direct material at an actual cost of $53,000: the materials quantity variance was $1,875 Unfavorable: and the standard quantity of materials allowed for July production was 21,750 pounds. The materials price variance for July was: A. $2,725 F B. $2,725 U C. $3,250 F D. $3,250 U