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At the beginning of February, the following was determined for a particular product: Standard Quantity of material per unit 3 lbs. Standard Price of material

At the beginning of February, the following was determined for a particular product:

Standard Quantity of material per unit 3 lbs.
Standard Price of material $2.00 per lb.
Budgeted Units to be produced 5,000 units

The following data pertain to operations concerning the product for February:

Beginning Materials Inventory 1,200 lbs.
Ending Materials Inventory 900 lbs.
Actual Units Produced 5,100 units
Materials Purchase Price Variance $1,320 Unfavorable
Materials Quantity Variance $400 Unfavorable

What was the actual cost of materials purchased in February?

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