13. The following materials standards have been established for a particular product Standard quantity per unit of output Standard price 7.3 pounds $14.45 per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 6,600 pounds $ 91,740 5,900 pounds 1,000 units What is the materials quantity variance for the month? a. $19,460 F b. $ 9,730 U c. $10,115 U d. $20,230 F 14. There are various budgets within the master budget. One of these budgets is budget. Which of the following best describes the production budget? . it details required direct labor hours it details the required raw materials purchases it is calculated based on the sales budget and the desired ending inventory it summarizes the costs of producing units for the budget period