PVC Pro Produces PVC Pipe in 12 Foot Lengths

PVC Pro produces PVC pipe in 12 foot lengths.The following information was provided concerning its labor and materials $$\begin{array} { | l | c | } \hline { \text { Actual Data } } \\\hline \text { Produced } & 12,200 \text { units } \\\hline \text { Materials used } & \text { 4,650 lbs. @ \$7.00 per pound } \\\hline \text { Labor worked } & 7,450 \text { hrs. costing \$80,460 } \\\hline\end{array}$$ $$\begin{array} { | l | r | } \hline { \text { Budget Data } } \\\hline \text { Budgeted units } & 12,000 \text { units } \\\hline \text { Budgeted materials per pipe } & 0.40 \mathrm { lb } . \mid @ \$ 7.10 \text { per pound } \\\hline \text { Budgeted labor per pipe } & 0.60 \text { hours @ } \$ 11.00 \text { per hour } \\\hline\end{array}$$
How much is the materials price variance?

A) $1,530 F
B) $465 F
C) $1,050 F
D) $1,065 F