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 2.5 pounds 0.6 hours 0.6 hours Standard Price or Rate $ 8.00 per pound $26.00 per hour $ 6.25 per hour Standard Cost $20.00 $15.60 $ 3.75 During March, the following activity was recorded by the company: . The company produced 7,000 units during the month. A total of 22,000 pounds of material were purchased at a cost of $61,600. There was no beginning inventory of materials on hand to start the month, at the end of the month, 4,400 pounds of material remained in the warehouse. . During March, 4,400 direct labor-hours were worked at a rate of $26.50 per hour. Variable manufacturing overhead costs during March totaled $16,700. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for March is: $35,100 F $800U $800 U ssoo F $800 F $35,100 0