At the beginning of February, the following was determined for a particular product: Standard Quantity of material per unit Standard Price of material Budgeted Units to be produced 3 lbs. $2.00 per lb. 5,000 units The following data pertain to operations concerning the product for February: Beginning Materials Inventory Ending Materials Inventory Actual Units Produced Materials Purchase Price Varianc Materials Quantity Variance 11 11 1,200 lbs. e 900 lbs. 5,100 units $1,520 Unfavorable $400 Unfavorable LP . What was the actual cost of materials purchased in February