Devoto Incorporated has provided the following data concerning one of the products in its standard cost system. Inputs Standard Quantity or Hours per Unit of Output Standard Price or Rate Direct materials 6. 6 grams $7. 70 per gram The company has reported the following actual results for the product for June: Actual output 9,200 units Raw materials purchased 64,500 grams Actual cost of raw materials purchased $548,250 Raw materials used in production 60,710 grams The raw materials price variance for the month is closest to:
