uiz Assume the following: The standard price per pound is $4.20. Saved 34:17 The actual quantity...

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uiz Assume the following: The standard price per pound is $4.20. Saved 34:17 The actual quantity of materials purchased is 62,000 pounds. The actual quantity of materials used in production is 60,000 pounds. The standard quantity allowed for the actual level of output is 59,200 pounds. What is the materials quantity.variance? uiz Assume the following: The standard price per pound is $4.20. Saved 34:17 The actual quantity of materials purchased is 62,000 pounds. The actual quantity of materials used in production is 60,000 pounds. The standard quantity allowed for the actual level of output is 59,200 pounds. What is the materials quantity.variance?