Assume the following information appears in the standard cost card for a company that makes only one product:

During the most recent period, the following additional information was available:

$20,000$ pounds of material was purchased at a cost of $$10,50$ per pound

All of the material that was purchased was used to produce $3,900$ units.

$8,000$ direct labor$-$hours were recorded at a total cost of $$132,000$

What is the direct materials quantity varianice?

Multiple Choice

$$5\mathrm{.}550U$