Assume 26,000 pounds of direct material was purchased for $70,200. If 23,100 pounds of direct material costing $62,370 was used to produce 7,800 units, and the direct material standard is 3 pounds at $2.50 per pound, the direct material quantity variance is: Multiple Choice O O $750 U. O $6,500 U. O $7,250 U. O None of the answers is correct. None