Bridgeport Company budgeted the following cost standards for the current year: Direct materials (2 kg of plastic at $6.00 per kilogram) $12.00 Direct labour (2 hours at $11 per hour) Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit Actual costs for producing 2,670 units were as follows: Direct materials used 5,890 kg Direct materials purchased (6,540 kg) $38,586 Direct labour (6,820 hours) $61,380 Variable manufacturing costs $32,800 Fixed manufacturing costs $17,300 22.00 11.65 8.00 $53.65 (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