The Music Case Company used the standard cost card below for direct materials. The direct materials used is plastic pellets and it is measured in pounds. Quantity 5.00 DM Price $ 17.80 The table below contains actual data for the Music Case Company from last month: Materials purchased Cost of materials purchased Materials used in production Units produced 8,000 pounds $146, 800 7,500 pounds 1, 460 Which of the following is the materials price variance? Multiple Choice $4,400 U $8,500 U $10,940 U $3,670 U