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Please help me to solve this Question!!! Assume the following: The standard price per pound is $2.10. The standard quantity of pounds allowed per unit

Please help me to solve this Question!!!

Assume the following:

  • The standard price per pound is $2.10.
  • 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 50,100 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

  • $3,990 F

  • $6,525 F

  • $4,275 F

  • $6,090 F

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