Solly Corporation produces a product for national distribution Standards for the product are: Materials: 12 ounces per unit at 600 per ounce. Labor: 2 hours per unit at $8 per hour. During the month of December, the company produced 1,000 units. Information for the month follows: Materials: 14,000 ounces purchased and used at a total cost of $7.700 Labor: 2,500 hours worked at a total cost of $20,625 The materials price variance is: $600 F o o o o