Sheffield Company budgeted the following cost standards for the current year. $10.00 22.00 Direct materials (2 kg of plastic at $5.00 per kilogram) Direct labour (2 hours at $11 per hour) Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit 11.05 7.25 $50.30 Actual costs for producing 2.650 units were as follows: 5,600 kg $32,879 Direct materials used Direct materials purchased (6.710 kg) Direct labour (6,850 hours) Variable manufacturing costs Fixed manufacturing costs $62,335 $32,000 $17.100 ^ (a) Calculate the materials price variance for materials purchased. (Round per unit calculations to 2 decimal places, eg. 1.25 and final answers to decimal places, es. 125.) Materials price variance