following standards.

Predetermined overhead rate based on direct labor hours $$3\mathrm{.}84$

The January figures for purchasing, production, and labor are:

The company purchased $230,000$ pounds of raw materials in January at a cost of $79c$ a pound.

Production used $230,000$ pounds of raw materials to make $116,000$ units in January.

Direct labor spent $18$ minutes on each product at a cost of $$7\mathrm{.}90$ per hour.

Overhead costs for January totaled $$45,089$ variable and $$71,000$ fixed.

Answer the following questions about standard costs.

$($a$)$

What is the materials price variance? $($Round per unit calculations to $2$ decimal places, e$.$g$.1\mathrm{.}25$ and final answer to $0$ decimal places, e$.$g$.125.)$

Materials price variance