Sari Manufacturing Company has established the following materials standards for a particular product: Standard quantity per unit of output Standard price 8.4 Pounds $15.40 per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 6,900 Pounds $93,950 6,200 Pounds 1,375 Units What is the materials quantity variance for the month? Your instructor has provided the following variance formulas for you: Direct Materials Variances Materials Price Variance: AQ(AP - SP) Materials Quantity Variance: SP(AQ - SQ) Choice $5,880 U $83,920 F $82,390 F $71,610 U < Prev 5 of 26 Next >