Saved The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 5.7 pounds $14.50 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 6,750 pounds $64,180 6,250 pounds 830 units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for the month? Multiple Choice $14,443 Unfavorable $7.250 Unfavorable Multiple Choice O $14,443 Unfavorable $7,250 Unfavorable $22,026 Unfavorable $4,754 Unfavorable Piper Corporation's standards call for 6,650 direct labor-hours to produce 1.900 units of product. During October the company worked 1,600 direct labor hours and produced 1,600 units. The standard hours allowed for October would be: Multiple Choice 5.050 hours 1,800 hours 6,650 hours 5.600 hours