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Ingredient A 1 2 H is a material used to make Calvin Corporation's major product. The standard cost of Ingredient A 1 2 H is

Ingredient A12H is a material used to make Calvin Corporation's major product. The standard cost of Ingredient A12H is $28.00 per ounce and the standard quantity is 8.8 ounces per unit of output. Data concerning the compound for October appear below:
\table[[Cost of material purchased in October,$28.10 per ounce],[Material purchased in October,2,550 ounces],[Material used in production in October,2,170 ounces],[Actual output in October,650 units]]
The material was purchased on account and Calvin Corporation uses a standard costing system.
The Materials Price Variance for October would be recorded as a:
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