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The following materials standards have been established for a particular product: Standard quantity per unit of output 1.7 meters Standard price $19.80 per meter The

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

Standard quantity per unit of output

1.7

meters

Standard price

$19.80

per meter

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

Actual materials purchased

5,800

meters

Actual cost of materials purchased

$113,680

Actual materials used in production

5,100

meters

Actual output

3,200

units

What is the materials quantity variance for the month?

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