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10 HW See Help Save & Exit Submit Assume the following: 5 . The standard price per pound is $2.20. The standard quantity of pounds allowed per unit of finished goods is 4 pounds. The actual quantity of materials purchased was 53,000 pounds, whereas the quantity of materials used in production was 50,800 pounds The actual purchase price per pound of materials was $2.25. . The company produced 13,000 units of finished goods during the period What is the materials quantity variance? Multiple Choice $2.640 F 54.950 F mas