Keller Company Has a Materials Price Standard of $2

Multiple Choice

Keller Company has a materials price standard of $2.00 per pound. Five thousand pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 5,000 pounds, although the standard quantity allowed for the output was 4,500 pounds.
Keller Company's total materials variance is

A) $2,000 U.
B) $2,000 F.
C) $2,100 U.
D) $2,100 F.