Your company makes t-shirts. For the month, you purchased 40,000 yards at a cost of $3.25 per yard or $130,000 of material for the shirts. The standard amount of material for each shirt is 1.25 yards and the standard price is $3.50 per yard. You made 30,000 t-shirts.

The price variance for the month would be:

Group of answer choices

$8,750 F

$8,750 U

$10,000 U

$10,000 F