Connect Other Bookin Chapter 10 Quia Help Save & ExitSubmit The following materials standards have been established for a particular product 5 Standard quantity per unit of output Standard price 4.4 meters $18.70 per meter points ?00m2. The following data pertain to operations concerning the product for the last month 7,500 meters Actual materials purchased Actual cost of materials purchased $147,750 Actual materials used in production 7,100 meters Actual output 1,550 units What is the materials price varliance for the month? Multiple Choice