The following materials standards have been established for a particular product Standard quantity per unit of output Standard price 5.6 meters $ 18.20 per meter 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 9,000 meters $170,550 8,600 meters 1,500 units What is the materials price variance for the month? Multiple Choice 3,790 U $6,750 U $9.400 U $14,250 U