The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 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 4.3 meters $18.60 per meter What is the materials price variance for the month?

A. $12,345 U

B. $7,600 U

C. $6,745 U

D. $2,933 U

The following materials standards have been established for a particular product: The following data pertain to operations conecrning the product for the last month: What is the materials price variance for the month? A. $12,345U B. $7,600U C. $6,745U D. $2,933U