Fluegge inc. has provided the following data concerning one of the products in its standard cost system. variable manufacturing overhead is applied to products on the basis of direct labor-hours. inputs standard quantity or hours per unit of output standard price or ratedirect materials 5.7 liters $5,40 per literdirect labor 0.70 hours $20.60 per hourvariable manufacturing overhead 0.70 hours $5.50 per hourthe company has reported the following actual results for the product for decemberactual output 4,100 unitsraw materials purchased 25,100 litersactual price of raw materials $4.80 per literactual cost of raw materials purchased $120,480 raw materials used in production 23,360 litersactual direct labor-hours 2,700 hoursactual direct labor rate $21.20 per houractual direct labor cost $57,240 actual variable overhead rate $5.90 per houractual variable overhead cost $15,930 what is the raw materials price variance for the month?