The following materials standards have been established for a particular product Standard quantity per unit of output Standard price 3.1 grams $13.00 per grams The following data portain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 1,900 grams $ 22.135 1,200 grams 360 units The direct materials purchases variance is computed when the materials are purchased Required: a. What is the materials price variance for the month? (Input the amount as a positive value. Leave no cells blank.be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "Nono" for no effect (i... zoro variance.) Materials price variance Larance Detailing's cost formula for its materials and supplier is $2,000 per month plus $5 per vehicle For the month of November, the company planned for activity of 95 vehicles, but the actual level of activity was 55 vehicles. The actual materials and supplies for the month was $2.320 The spending variance for materials and supplies in November would be closest to: $155 F $155 0 $45 F $45 U