6 oints 01:26:57 Sari Manufacturing Company has established the following materials standards for a particular product Standard quantity per unit of output Standard price 8.2 Pounds $15.20 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 6,860 Pounds $93,650 6,160 Pounds 1,325 Units What is the materials quantity variance for the month? Your instructor has provided the following variance formulas for you: Direct Materials Variances Materials Price Variance: Materials Quantity Variance: AQ(AP-SP) SP(AQ-SQ) Multiple Choice $60,876 U