Fluegge Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Input: Standard Quantity or Hours per Unit of Output Standard Price or Rate Direct materials 5.? liters $ 5.40 per liter Direct labor 0.70 hours $ 20.60 per hour Variable manufacturing overhead 0.70 hours $ 5.50 per hour The companglr has reported the following actual results for the product for December: Actual output 4.1 00 units Raw materials purchased 25,100 liters Actual price of rawr mate rials $ 4.80 per liter Actual cost of raw materials purchased $ 120,480 Raw materials used in production 23,360 liters Actual direct labor-hou rs 2.?00 hours Actual direct labor rate $ 21.20 per hour Actual direct labor cost $ 5?.240 Actual variable overhead rate $ 5.90 per hour Actual variable overhead cost $ 15,930 The ravliI materials price variance for the month is closest to: 0 $15,060 U 0 $14,016 U D $14,016 F 0 $15,060 F