The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 4.4 pounds $13.20 per pound the last 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 The direct materials purchases variance is computed when the materials are purchased. What is the materials price variance for the month? 4,800 pounds $62,880 4,300 pounds 700 units

The following materials standards have been established for a particular product: The following data pertain to operations concerning the product for the fast month: The direct materials purchases variance is computed when the materials are purchased. What is the materials price variance for the month