The Litton Company has established standards as follows: Direct material: 3 pounds per unit @ $4 per pound $12 per unit Direct labor: 2 hours per unit @ $8 per hour = $16 per unit Variable manufacturing overhead: 2 hours per unit@ $5 per hour $10 per unit Actual production figures for the past year are given below The company records the materials price variance when materials are purchased Units produced.. 600 units 2,000 pounds si1,400 S9,240 S5,720 Direct material used Direct material purchased (3,000 pounds) Direct labor cost (1,100 hours).. Variable manufacturing overhead cost incurred The materials quantity variance is: A. $760 U B $760 F C. $800 U D. $4,000 U