The following materials standards have been established for a particular product:

Standard quantity per unit of output	5	meters
Standard price	$ 19.00	per meter

The following data pertain to operations concerning the product for the last month:

Actual materials purchased	8,100	meters
Actual cost of materials purchased	$ 151,065
Actual materials used in production	7,700	meters
Actual output	1,450	units

What is the materials price variance for the month?

A.) $2,695 U

B.) $ 2,835 U

C.) $ 2,835 F

D.) $ 2,695 F