The Porter Company Has a Standard Cost System

Multiple Choice

The Porter Company has a standard cost system.In July the company purchased and used 22,500 pounds of direct material at an actual cost of $53,000;the materials quantity variance was $1,875 Unfavorable;and the standard quantity of materials allowed for July production was 21,750 pounds.The materials price variance for July was:

A) $2,725 F
B) $2,725 U
C) $3,250 F
D) $3,250 U