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Cashvant Corporation makes a product that uses a material with the following direct materal standards Standard quantity Standard price 3.8 pounds per unit 14.00 per pound The company produced 7300 units in November using 28.710 pounds of the material During the month, the company purchased 30.800 pounds of the direct material at a total cost of $117.040. The direct materials purchases variance is computed when the materials are purchased The materials quantity variance for November is Murple Choice $3.BOF 53.5msu $3.686 F $3.880 U