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 spending variance? Multiple Choice $5.9750 - 8.000 direct labor hours were recorded at a total cost of $132,000 What is the direct materials spending variance? Multiple Gioice $5,975u $23.025U $23025F 55,975F