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Puvo, incorporated, manufactures a single product in which variable manufacturing overhead is assigned on the basis of standard direct labor-hours. The company uses a standard cost system and has established the following standards for one unit of product: During March, the following activity was recorded by the company: - The company produced 3,200 units during the month. - A total of 9,900 pounds of material were purchased at a cost of $27,720. - There was no beginning inventory of materials on hand to start the month; at the end of the month, 1,980 pounds of material remained in the warehouse. - During March, 1,800 direct labor-hours were worked at a rate of $7,50 per hour. - Variable manufacturing overhead costs during March totaled $1,550. The direct materials purchases varlance is computed when the materials are purchased. The materials quantity variance for March is: Muitiple Choice $14,320F $4,940F $4,940U $14,320U