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The following materials standards have been established for a particular product: Standard quantity per unit of output5.9 pounds Standard price$14.70 per pound The following data

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

Standard quantity per unit of output5.9 pounds Standard price$14.70 per pound

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

Actual materials purchased7,050 pounds Actual cost of materials purchased$64,380Actual materials used in production6,550 pounds Actual output850 units

The direct materials purchases variance is computed when the materials are purchased.

What is the materials quantity variance for the month?

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