Puvo, Inc., manufactures a single product in which variable manufacturing overhead is assigned on the basis of standard direct labor-hours. The company uses a standard cost system and has established the following standards for one unit of product: Direct materials Direct labor Variable manufacturing overhead Standard Quantity 1.5 pounds 0.5 hours 0.5 hours Standard Price or Rate $ 6.75 per pound $21.00 per hour $ 5.00 per hour Standard Cost $10.12 $10.50 $ 2.50 During March, the following activity was recorded by the company: The company produced 6,000 units during the month. A total of 12,500 pounds of material were purchased at a cost of $35,000. There was no beginning inventory of materials on hand to start the month; at the end of the month, 2,500 pounds of material remained in the warehouse. During March, 3,200 direct labor-hours were worked at a rate of $21.50 per hour. Variable manufacturing overhead costs during March totaled $8,200. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for March is: Multiple Choice $6.750 U o o $6,750 F O $19,000 U O $19,000 F