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Seve Subm 4 Assume the following: The standard price per pound is $220 . The standard quantity of pounds allowed per unit of finished goods

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Seve Subm 4 Assume the following: The standard price per pound is $220 . The standard quantity of pounds allowed per unit of finished goods is 4 pounds. The actual quantity of materials purchased was 53,000 pounds, whereas the quantity of materials used in production was 50700 pounds. The actual purchase price per pound of materials was $2.25 . The company produced 13,000 units of finished goods during the period, What is the materials quantity variance? 10 point AL Me Choice $2.00 35.375F 52.925 $5.OGO CAN

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