Week 6 Quiz i Saved Help Save & Exit Assume the following 8 The standard price per pound is $2.05 . 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 50,600 pounds The actual purchase price per pound of materials was $2.25 4 . The company produced 13,000 units of finished goods during the period. points What Is the materials quantity variance? Multiple Choice $2,870 U $2870 F O $3.150 U O $3.150 F Mc Graw