Edgar, Inc. has a materials price standard of $2.00 per pound. Six thousand materials were purchased at $2.20 a pound. The actual quantity of material used 6,000 pounds, although the standard quantity allowed for the output was 5, 400 pounds. Edgar, Inc.'s total materials variance is A) $2, 400 U. B) $2, 400 F. C) $2, 520 U. D) $2, 520 F