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Gipple Corporation makes a product that uses a material with the quantity standard of 8.4 grams per unit of output and the price standard of

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Gipple Corporation makes a product that uses a material with the quantity standard of 8.4 grams per unit of output and the price standard of $7.50 per gram, In January the company produced 4,500 units using 25,970 grams of the direct materlai, During the month the company purchased 28,500 grams of the direct material at 57,30 per gram. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for January is: Multiple Choice $5,700F $7,560F $7,560U $5,700U

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