Question: Help Save & Exit Submit Perez, Inc. recently completed 48,000 units of a product that was expected to consume 5 pounds of direct material per

Help Save & Exit Submit Perez, Inc. recently completed 48,000 units of a product that was expected to consume 5 pounds of direct material per finished unit. The standard price of the direct material was $7.50 per pound. If the firm purchased and consumed 245,000 pounds In manufacturing (cost = $1,768,900), the direct-material quantity variance would be figured as: Multiple Choice $37,500U. O $37,500F. O $68,60OU O $68.60OF. O None of the answers Is correct

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