standard quantity per unit of output..... 6.8 meters

standard price......... $14.40

The following data pertains to operations concerning theproduct for the last month:

Actual material purchased...... 4,400 meters

Actual cost of material purchased.... $60,500

Actual material used in production ... 3,800 meters

Actual output... 400 units

What is the materials price variance for the month?