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The following materials standards have been established for a particular raw material used in the company's sole product: Standard quantity per unit of output.......... 0.5

The following materials standards have been established for a particular raw material used in the company's sole product:

Standard quantity per unit of output..........

0.5 pound

Standard price............................................

$16.60 per pound

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

Actual cost of materials.............................

$34,650

Actual materials used in production..........

1,900 pounds

Actual output.............................................

4,200 units

What is the materials quantity variance for the month?

$3,320 F

$6,430 F

$3,110 U

$3,320 U

$3,110 F

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