Perez, Inc. recently completed 61,000 units of a product that was expected to consume four pounds of direct material per finished unit. The standard price of the direct material was $8.50 per pound. If the firm purchased and consumed 252,000 pounds in manufacturing (cost $2,049,800), the direct- material quantity variance would be figured as: Multiple Choice $68,000 U $68.000 F $92,200 U $92.300 F