Concord Company has a materials price standard of $$2\mathrm{.}50$ per kilogram. $4040$ kilograms of materials were purchased at $$2\mathrm{.}20$ a kilogram. The actual quantity of materials used was $3440$ kilograms, although the standard quantity allowed for the output was $3340$ kilograms.

Concord Company's materials price variance is

$$1212U.$

$$1032U.$

$$1212F.$

$$1112$ F$.$