1. A company produces bottles of flavored apple cider. The standard materials cost for each bottle is 8 ounces of apple juice with a standard price of $0.20 per ounce. In October the firm produced 50,000 bottles of flavored cider. In October, 500,000 ounces of juice were purchased at a cost of $0.25 per ounce and 420,000 ounces were used for production. The materials price variance for the month of October is:

   		$25,000 unfavorable.
   		$21,000 unfavorable.
   		$ 5,000 unfavorable.
   		$ 4,000 unfavorable.