Degregorio Corporation makes a product that uses a material with the following direct material standards: Standard quantity Standard price 3.0 kilos per unit $6 per kilo The company produced 5,700 units in November using 17,500 kilos of the material. During the month, the company purchased 19,600 kilos of the direct material at a total cost of $113,680. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for November is: $2,400 F O $2,306 F 0 $2,400 U $2,306 U