The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 5.9 pounds $14.70 per pound The following data pertain to operations concerning the product for the last month: Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 7,050 pounds $64,380 6,550 pounds 850 units The direct materials purchases variance is computed when the materials are purchased. What is the materials quantity variance for the month? Multiple Choice ( ) $4 566 0 0 $14,017 U 0 $22,565 0 $7,350 U