X Company has the following information: Standard quantity per unit of output 3.5 kg Standard price $ 20.50 per kg _____

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X Company has the following information: Standard quantity perunit of output 3.5 kg Standard price $ 20.50 per kg________________________________________ The actual results duringthe month are as follows: Actual materials purchased 7,600 kgActual cost of materials purchased $ 165,305 Actual materials usedin production 8,600 kg Actual output 1,400 units________________________________________ What is the materialsprice variance for the month? a) $10,995 F b) $4,025 U c) $10,995 Ud) $6,125 U
Plese write down the steps/formula!
than you