The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 5.5 meters $18.10 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased 8,700 meters Actual cost of materials purchased $163,560 Actual materials used in production 8,200 meters Actual output 1,460 units What is the materials price variance for the month? Multiple Choice $3,196 U $6,090 U $9,200 U $13,330 U