Gipple Corporation makes a product that uses a material with the quantity standard of 8.6 grams per unit of output and the price standard of $7.30 per gram. In January the company produced 4,700 units using 26,170 grams of the direct material. During the month the company purchased 28,700 grams of the direct material at $7.50 per gram. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for January is: Multiple Choice $8.084 F O $5,740 U O $8.084U $5,740 F O