Crane Company has a materials price standard of $2.00 per pound. 5100 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 5100 pounds, although the standard quantity allowed for the output was 4300 pounds. Crane Company's materials price variance is 0 $160 U. 0 $1020 U. 0 $860 U. 0 $1020 F