QUESTION 3 Bandit Manufacturing The following Sept information is available for Bandit Manufacturing Company when it produced 5,250 units Standard: Material Labor 21 pounds per unit @ $5.75 per pound 18 direct labor hours per unit e 512 50 per hour Actual: Material Labor 12,075pounds purchased and used @ $5.65 per pound 8,925 direct labor hours at $13 per hour Refer to Bandit Manufacturing. What is the material quantity variance? a $5,220F Obs6,037F C. $6,037 U O d $5.220U