Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: Direct materials: 4 pounds at $8 per pound$ 32 Direct labor: 2 hours at $16 per hour32 Variable overhead: 2 hours at $6 per hour12 Total standard cost per unit$ 76 The planning budget for March was based on producing and selling 32,000 units. However, during March the company actually produced and sold 37,000 units and incurred the following costs: Purchased 160,000 pounds of raw materials at a cost of $7.40 per pound. All of this material was used in production. Direct laborers worked 67,000 hours at a rate of $17 per hour. Total variable manufacturing overhead for the month was $422,100. rev: 11_20_2017_QC_CS-109672 6. If Preble had purchased 182,000 pounds of materials at $7.40 per pound and used 160,000 pounds in production, what would be the materials quantity variance for March