Materials standards for a product are:

Standard quantity per unit of output

$6\mathrm{.}0$ meters

Standard price

$$18\mathrm{.}30$ per meter

Operations concerning the product for last month:

Actual materials purchased

$9,700$ meters

Actual cost of materials purchased

Actual materials used in production

$$185,270$

Actual output

$9,200$ meters

$1,510$ units

What is the MPV for the month?

Multiple Choice

$$2,674U$

$$7,760$ U

$$10,200$ U

$$15,950U$

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