Saved The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 5.3 meters $ 19.20 per meter The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 9, 300 meters $188,140 8,700 meters 1,600 units What is the materials price variance for the month? Multiple Choice $17,280 U 4445111 search O Saved Actual materials used in production Actual output 8,700 meters 1,600 units What is the materials price variance for the month? 2 Multiple Choice $17.280 U $4.451U O $9,900 $9,580 U earch C