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 The standard price per pound is $220

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 The standard price per pound is $220. 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 $225. • The company actually produced 13,000 units of finished goods during the period, however, its planning budget was based on 12,800 units. What is the materials quantity variance?
Multiple Choice $3,080 F $3,150 U $1,320 F $3,150 F