The following materials standards have been established for a particular product. Standard quantity 6.Ometers per unit of output Standard price $ 19.00per meter The following data pertain to operations concerning the product for the last month: 10.200meters $ 201,500 Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 9600meters 1580units What is the materials price variance for the month? o $7700 U O $10,800 U $2371 U o $16,320 U A corporation prepared the following overhead budget for next month Activity level 2800machine-hours Variable overhead costs: Supplies $ 12,600 Indirect labor 18.200 Fixed overhead costs: Supervision 18.700 Utilities 3900 Depreciation 5900 Total overhead cost $ 59.000 The company's variable overhead costs are driven by machine hours. What would be the total budgeted overhead cost for next month if the activity level is 2300 machine-hours rather than 2800 machine hours? O $25.300 O $54,320 O $48.464 $53,800