Reference: 11-09
the Following Materials Standards Have Been Established for a Particular

Reference: 11-09
The following materials standards have been established for a particular product: $$\begin{array}{l}\begin{array} { | l | l | l | } \hline \text { Standard quantity per unit of output } & 6.8 & \text { metres } \\\hline \text { Standard price } & \$ 17.10 & \text { per metre } \\\hline\end{array}\\\text { The following data pertain to operations concerning the product for the last month: }\\\begin{array} { | l | l | l | } \hline \text { Actual materials purchased } & 9,000 & \text { metres } \\\hline \text { Actual cost of materials purchased } & \$ 156,600 & \\\hline \text { Actual materials used in production } & 8,500 & \text { metres } \\\hline \text { Actual output } & 1,200 & \text { units } \\\hline\end{array}\end{array}$$
-The following materials standards have been established for a particular product: $$\begin{array}{l}\begin{array} { | l | l | } \hline \text { Standard quantity per unit of output } & 8.3 \text { grams } \\\hline \text { Standard price } & \$ 19.15 \text { per gram } \\\hline\end{array}\\\text { The following data pertain to operations concerning the product for the last month: }\\\begin{array} { | l | l | } \hline \text { Actual materials purchased } & 7,500 \text { grams } \\\hline \text { Actual cost of materials purchased } & \$ 141,375 \\\hline \text { Actual materials used in production } & 7,100 \text { grams } \\\hline \text { Actual output } & 700 \text { units } \\\hline\end{array}\end{array}$$ What is the materials price variance for the month?

A) $7,540 U.
B) $24,317 U.
C) $7,660U.
D) $2,250 F.