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

Standard quantity per unit of output		4.5	meters
Standard price	$	18.50	per meter

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

Actual materials purchased		7,800	meters
Actual cost of materials purchased	$	151,320
Actual materials used in production		7,300	meters
Actual output		1,560	units

What is the materials price variance for the month?

A. 13,260 U

B. 7,020 U

C. 5,432 U

D. 8,300 U