The Following Materials Standards Have Been Established for a Particular

Multiple Choice

The following materials standards have been established for a particular product:
$\begin{array}{|l|r|}\hline \text { Standard quantity per unit of output } & 8.3 \text { grams } \\\hline \text { Standard price } & \$ 19.15 \text { per gram } \\\hline\end{array}$
The following data pertain to operations concerning the product for the last month:
$\begin{array}{|l|r|}\hline \text { Actual materials purchased } & 7,500 \text { grams } \\\hline \text { Actual cost of materials purchased } & \$ 141,375 \\\hline \text { Actual materials used in production } & 7,100 \text { grams } \\\hline \text { Actual output } & 700 \text { units } \\\hline\end{array}$
What was the materials price variance for the month?

A) $2,250 favourable.
B) $7,540 unfavourable.
C) $7,660 unfavourable.
D) $24,317 unfavourable.