20) Bumgardner Inc. 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	8.0 liters	$5.00 per liter

The company has reported the following actual results for the product for April:

Actual output		7,400	units
Raw materials purchased		65,400	liters
Actual price of raw materials	$	5.70	per liter
Raw materials used in production		59,210	liters

The direct materials purchases variance is computed when the materials are purchased.

The raw materials quantity variance for the month is closest to:

Multiple Choice

• $50 U

• $50 F

• $57 F

• $57 U