Current Attempt in Progress Crane Company has a materials price standard of $2.40 per kilogram. 3900 kilograms of materials were purchased at $2.20 a kilogram. The actual quantity of materials used was 3500 kilograms, although the standard quantity allowed for the output was 3400 kilograms. Crane Company's materials price variance is O $700 U O $780 F $780 U O $680 F.