For 5 Pts: Nixon Co. uses a standard cost system with the following information for the previous period. The direct materials quantity variance is: Actual price per pound Actual lbs. of material used Actual hourly labor rate Actual hours of production $1.75 Std. price per pound $1.70 60,000 Std. lbs. per completed unit 2.5 $20.00 Std. hourly labor rate $21.00 8800 Std. time per completed unit 1/3 hour Units Completed during period 25,200 A. $5,250 Favorable B. $5,100 Unfavorable - C. $5,250 Unfavorable - D. $5,100 Favorable MacBook Pro Search or type URL H V