The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price $ 5.3meters 17.20per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output What is the materials price variance for the month? $2,025 U $8,725 U $3,141 U O $8,600 U 8,100meters $141,345 7,600meters 1,400units