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The following materials standards have been established for a particular product: Standard quantity per unit of output 6.3 grams Standard price $10.50 per gram The

The following materials standards have been established for a particular product:

Standard quantity per unit of output 6.3 grams
Standard price $10.50 per gram

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

Actual materials purchased 8,000 grams
Actual cost of materials purchased $108,000
Actual materials used in production 7,700 grams
Actual output 1,120 units

What is the materials quantity variance for the month?

$8,694 U

$4,050 U

$6,762 U

$9,390 U

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