- The standard price per pound is $2.00. - The standard quantity of pounds allowed per unit of finished goods is 4 pounds. - The actual quantity of materials purchased and used in production is 50,500 pounds. - The actual purchase price per pound of materials was $2.30. - The company produced 13,000 units of finished goods during the period. What is the materials price variance? Multiple Choice $15,150 U $15,150F $15,655 U $15,655F