Puvo; Incorporated, 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: During March, the following activity was recorded by the company. - The company produced 6.400 units during the month - A totat of 20200 pounds of materal were purchased at a cost of 556.560 . - There was no beginning inventory of materals on hand to start the month at the end of the month, 40.40 pounds of material remained in the worehouse: - During March. 3,400 direct laboerhours were worked ar a rate of $23.50 per hour - Variable manufacturing oveihesd costs during March totaled 59,550 The direct moterials purchases variance is computed when the materiats are purchased The materials quantaty variance for March is: Multiple Choice $32,160F 532160U 51150 F \$t16ou