Dana, Inc. recently completed 78,000 units of a product that was expected to consume 3 pounds of direct material per finished unit. The standard price of the direct material was $6.50 per pound. If the firm purchased and consumed 249,000 pounds in manufacturing (cost = $1,501,500), the direct-material quantity variance would be:

$97,500U.

$97,500F.

$117,000U.

$117,000F.

None of these.