Diekow productions manufactured and sold 1000 products at $11000 each during the past year, production had been set at 1,200 products; direct materials standards had been set at 100 pounds of direct materials at $2 per pound for each product produced. During the year, the company purchased and used 98000 pounds of direct materials, the cost was $2.04 per pound. Calculate Diekow production's direct materials price and quantity variances for the year. This is an Exercise in my textbook. I have answers, but I do not understand the answer. I used 1200*100 as my standard quantity, but the answer used 1000*100 as standard quantity. Could you explain why they used 1000 instead of 1200?? I have final today at 10 am. Please answer me as soon as possible. Thank you very much