Denmark Corporation's Variance Report for the Purchasing Department Reports 1000

Multiple Choice

Denmark Corporation's variance report for the purchasing department reports 1000 units of material A purchased and 2400 units of material B purchased. It also reports standard prices of $2 for Material A and $3 for Material B. Actual prices reported are $2.10 for Material A and $2.80 for Material B. Denmark should report a total price variance of

A) $380 F.
B) $340 F.
C) $340 U.
D) $380 U.