The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 5.1 meters $17.90 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 What is the materials price variance for the month? Multiple Choice O O O O $4,620 U $8,100 U $2,960 U $10,920 U 7,700 meters $142,450 7,300 meters 1,400 units

The following materials standards have been established for a particular product: The following data pertain to operations concerning the product for the last month: What is the materials price variance for the month? Multiple Choice $4,620U $8,100U $2,960 $10,920U