Question 19 The following materials standards have been established for a product: Standard quantity per unit of output is 8.3 grams Standard price is $19.15 per gram The following data pertain to operations concerning the product for the last month: Actual materials purchased is 7,500 grams Actual cost of materials purchased is $142,375 Actual materials used in production is 7,100 gram Actual output is 700 units What is the materials price variance for the month? 1.250 F 7.540 U O 2.250 F 7.660 U