7. Stiner Company has a materials price standard of $2.00 per pound. Five thousand pounds of materials were purchased at $2.20 per pound. The actual quantity of materials used was 5,000 pounds, although the standard quantity allowed for the output was 4,500 pounds. Stiner Company's materials quantity variance is A) $1,000 U. B) $1,000 F. C) $1,100 F. D) $1,100 U. 8. Stiner Company has a materials price standard of $2.00 per pound. Five thousand pounds of materials were purchased at $2.20 per pound. The actual quantity of materials used was 5,000 pounds, although the standard quantity allowed for the output was 4,500 pounds. Stiner Company's total materials variance is A) $2,000 U. B) $2,000 F. C) $2,100 U. D) $2,100 F