Question 2 1.5 points Save Answer Gipple Corporation makes a product that uses a material with the quantity standard of 8.4 grams per unit of output and the price standard of $7.10 per gram. In January the company produced 4,500 units using 25,970 grams of the direct material. During the month the company purchased 28,500 grams of the direct material at $7.30 per gram. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for January is: O $5,700 F O $7,560 F O $7,560 U O $5,700 U