Luma Inc. has provided the following data concerning one of the products in its standard cost system. Standard Quantity or Rours per Unit of Output Standard Price or Rate Inputs Direct naterials $6.90 per ounce 4.8 ounces The company has reported the following actual results for the product for September 2,100 units Actual output Raw materials purchased Actual price of raw materials Actual cost of raw materials purchased Raw materials used in production 10,500 ounces $ 7.80 per ounce $81,900 10,090 ounces The raw materials price variance for the month is closest to: Multiple Choice