Milar Corporation makes a product with the following standard costs: In January the company produced 5,000 units using 10,310 pounds of the direct material and 2,290 direct labor-hours. During the month, the company purchased 10,880 pounds of the direct material at a cost of $76,760. The actual direct labor cost was $38,241 and the actual variable overhead cost was $11,942. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for January is: The materials price variance for January is: Multiple Choice $460F $600F $600U $460U