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How was the standard Quantity computed to get 34,500? (I bolded the value below) I understand everything else, but the standard quantity is confusing me.

How was the standard Quantity computed to get 34,500? (I bolded the value below) I understand everything else, but the standard quantity is confusing me.

Part 6: Variances
Pete Sarino's Inc. standard cost card per unit is as follows:
Direct materials .5 pounds at $5.24 per pound 2.62
Direct labor .1 hours at $10.50 per hour 1.05
Variable overhead .1 hours at $1.95 per hour 0.20
Total standard cost per unit 3.87
The planning budget for the month of January was prepared based on selling 64,000 units. However, the company actually produced and sold 69,000 units and incurred the following costs:
Produced 32,485 pounds of raw materials at a cost of $5.41 per pound.
Laborers worked 6,831 hours at a rate of $10.85 per hour.
Total variable manufacturing overhead for the month was $14,823.
Compute the materials price variance, materials quantity variance, and total materials spending variance for January. Don't forget to indicate whether each is favorable or unfavorable.
Actual Quantity x Actual Price Actual Quantity x Standard Price Standard Quantity x Standard Price
32,485.00 $5.41 32,485.00 $5.24 34,500.00 ? $5.24
$175,743.85 $170,221.40 $180,780.00
$5,522.45 $10,558.60
Unfavorable Favorable
Price Variance Quantity Variance
$5,036.15
Favorable
Spending Variance

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