Remaining Time: 2 hours, 11 minutes, 52 seconds. QUESTION COMPLETION STATUS: Question 38 Variety budgeted the following cost standards for the current year: Direct materials = 2.8 kilos per unit @ $3.00 per kilo Direct labour = 1.5 hours per unit @ $6 per hour Actual production and costs were as follows: Units produced = 3,600 Direct materials used = 9,000 kg. Direct materials purchased = 10,000 kg. @ a cost of $29,000 Direct labour incurred = 4,000 hours at a cost of $26,000 The material price variance for materials purchased was: a. $1,000 F b. $1,000 U c. $2,000 U d. $2.000 F Moving to another question will save this response