$ 7.50 43.80 Cost standards for one unit of product no. 077: Direct material 3 pounds at $2.50 per pound Direct labor 6 hours at $7.30 per hour Actual results: Units produced 6,800 units Direct material purchased 26,800 pounds at $2.70 Direct material used 20,100 pounds at $2.70 Direct labor 41,300 hours at $7.10 $ 72,360 54,270 293,230 Assume that the company computes variances at the earliest point in time. The direct-material quantity variance is