Blue Spruce Company budgeted the following cost standards for the current year: Direct materials (2 kg of plastic at $6.00 per kilogram) Direct labour (2 hours at $12 per hour) Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit $12.00 24.00 10.00 7.30 $53.30 Actual costs for producing 2,680 units were as follows: Direct materials used Direct materials purchased (6,480 kg) Direct labour (6,850 hours) Variable manufacturing costs Fixed manufacturing costs 5,580 kg $37,584 $65,760 $32,100 $17,300 (a) Calculate the materials price variance for materials purchased. (Round per unit calculations to 2 decimal places, e.g. 1.25 and final answers to O decimal places, e.g. 125.) Materials price variance $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit