The follo als standards have been established for a particular product:

Standa

Stand

$$ uantity per unit of output

$5\mathrm{.}5$ pounds $$ ice

$$14\mathrm{.}30$ per pound

The following data pertain to operations concerning the product for the last month:

$\backslash$table$[[$Actual materials purchased,$6,450$ pounds$],[$Actual cost of materials purchased,$$63,980$