Kingbird Company budgeted the following cost standards for the current year:

Actual costs for producing $2,710$ units were as follows:

$($a$)$

Calculate the materials price variance for materials purchased. $($Round per unit calculations to $2$ decimal places, e$.$g$.1\mathrm{.}25$

and final answers to $0$ decimal places, e$.$g$.125.)$

Materials price variance