Luma Incorporated has provided the following data concerning one of the products in its standard cost system. 
The company has reported the following actual results for the product for September:
The raw materials price variance for the month is closest to:
Definitions:
Demand
The quantity of a good or service that consumers are willing and able to purchase at a given price over a specified time period.
The Kingdom
Often a reference to a realm or domain governed by a king, but without specific context, it's difficult to provide a precise definition.
Alexandria
A major city on the Mediterranean coast of Egypt, known for its rich history and significant archaeological sites.
Expected Profit
The anticipated financial gain from a business activity or investment, calculated by estimating future revenue and subtracting forecasted costs.
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