Sheridan Company has a materials price standard of $2.60 per kilogram. 4120 kilograms of materials were purchased at $2.30 a kilogram. The actual quantity of materials used was 3550 kilograms, although the standard quantity allowed for the output was 3490 kilograms.

Sheridan Company's materials quantity variance is

$156 U.

$1047 F.

$156 F.

$1047 U.