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9 0:53:14 TB MC Qu. 10-72 (Algo) The following materials standards have been... The following materials standards have been established for a particular product

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9 0:53:14 TB MC Qu. 10-72 (Algo) The following materials standards have been... The following materials standards have been established for a particular product Standard quantity per unit of output Standard price 4.8 pounds $13.60 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 5,400 pounds $63,280 4,900 pounds 740 units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for the month? $15,797 U $5,859 U O $6,800 U O $18,333 U

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