$9$

Multiple Choice

$2$ points

The following materials standards have been established for a particular product:

Standard quantity per unit of output$5\mathrm{.}0$ meters

Standard price

$$17\mathrm{.}80$per meter

The following data pertain to operations concerning the product for the last month:

Actual materials purchased $8,000$ meters

Actual cost of materials purchased $$146,800$

Actual materials used in production $7,500$ meters

Actual output $1,460$ units

What is the materials price variance for the month?

$$10,940$ U

$$8,500$ U

$$8,500F$

$$4,400$ U

$$3,670$ U