Assume that the standard cost to make one unit of product includes 12 units of raw materials at a price of $2 per unit. In Aug, 34,000 units of raw materials were purchased for $101,600, and 24,600 units of raw materials were used to produce 2,000 units of finished product. What is the materials quantity variance?

Select one:

a. $2,400 (U)

b. $1,200 (U)

c. $1,200 (F)

d. $3,600 (U)