Question 17 of 24 -/3 View Policies Current Attempt in Progress Concord Corporation has a materials price standard of $2.00 per pound. 4300 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 4300 pounds, although the standard quantity allowed for the output was 3700 pounds. Concord Corporation's materials price variance is $7400 - $8600 $120. $860F Save for later Last saved 2 minutes ago Saved work will be auto submitted on the due date Attempts: 0 of 1 used Submit Answer E 9 acer