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Question 13 8.5pts Exeter has a material standard of 1 pound per unit of output. Each pound has a standard price of $26 per pound.

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Question 13 8.5pts Exeter has a material standard of 1 pound per unit of output. Each pound has a standard price of $26 per pound. During July, Exeter paid $66,100 for 2,475 pounds, which it used to produce 2,350 units. What is the direct materials quantity variance? $1,750 unfavorable $1,300 favorable $3,250 unfavorable $4,550 unfavorable

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