Degregorio Corporation makes a product that uses a material with the following direct material standards:

Standard quantity 2.4 kilos per unit Standard price $6.00 per kilo

The company produced 6,600 units in November using 16,180 kilos of the material. During the month, the company purchased 18,220 kilos of the direct material at a total cost of $105,676. The direct materials purchases variance is computed when the materials are purchased.

The materials price variance for November is:

$2,940 F

$2,940 U

$3,644 F

$3,644 U