Cost standards for one unit of product no. C77: Direct material 3 pounds at $2.60 per pound $ 7.80 Direct labor 6 hours at $7.60 per hour 45 .60 Actual results: Units produced 6, 500 units Direct material purchased 26, 100 pounds at $2.80 $ 73,080 Direct material used 19, 200 pounds at $2.80 53, 760 Direct labor 40, 200 hours at $7.40 297 , 480 Use the information to compute the following variances. The direct-material quantity variance is: Multiple Choice O $780 F. O $17160 U. O $17160 F. O None of the answers is correct. O $780 U