The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased 5.0 pounds $13.80 per pound 5,700 pounds $63,480 Actual materials used in production Actual output 5,200 pounds 760 units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for the month?

The following materials standards have been established for a particular product: The following data pertain to operations concerning the product for the last month: The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for the month