Gipple Corporation makes a product that uses a material with the quantity standard of 7.9 grams per unit of output and the price standard of $6.60 per gram. In January the company produced 4,000 units using 25.470 grams of the direct material. During the month the company purchased 28,000 grams of the direct material at $6.80 per gram. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for January is: Multiple Choice $5,600 U $6,320 U $6,320 F $5,600 F