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Assume the following: The standard price per pound is $210. The standard quantity of pounds allowed per unit of finished goods is 4 pounds. The

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Assume the following: The standard price per pound is $210. The standard quantity of pounds allowed per unit of finished goods is 4 pounds. The actual quantity of materials purchased and used in production is 51,000 pounds . The actual purchase price per pound of materials was $2 25 The company actually produced 13,000 units of finished goods during the period, however, its planning budget was based on 12,800 units What is the materials quantity variance? Multiple Choice $2,250 U $2,100 F $420 F $2,250 F

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