The following materials standards have been established for a particular product: Standard quantity per unit of output 5.3metersStandard price$17.20per meterThe following data pertain to operations concerning the product for the last month: Actual materials purchased 8,100metersActual cost of materials purchased$141,345 Actual materials used in production 7,600metersActual output 1,400unitsWhat is the materials price variance for the month?
A. $3,141 U
B. $8,600 U
C. $2,025 U
D. $8,725 U
Answer: C
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