ChemKing uses a standard costing system in the manufacture of its single product. The 35,000 units of raw material purchased and used cost $105,000, and two units of raw material are required to produce one unit of final product. In November, the company produced 12,000 units of product. The flexible budget for materials was $60,000, and there was an unfavorable quantity variance of $2,500.

The materials price variance for the units used in November was:

a. 2,500 U

b. 12,500 U

c. 11,000 U

d. 2,500 F