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Question 34 7.14 pts ABC Company uses a standard cost system for its crunchy pickle cereal. The materials standard for each batch of cereal produced

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Question 34 7.14 pts ABC Company uses a standard cost system for its "crunchy pickle" cereal. The materials standard for each batch of cereal produced is 1.4 pounds of pickles at a standard cost of $3.00 per pound. During the month of August, ABC Company purchased 78,000 pounds of pickles at a total cost of $253,500. ABC Company used all of these pickles to produce 60,000 batches of cereal. What is ABC Company's direct materials quantity variance for August? 0 $1,500 0 O $19,500 U 0 $54,000U O $18,000 F

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