Cost standards for one unit of product no. c77: direct material 3 pounds at $2.50 per pound $ 7.50 direct labor 5 hours at $7.20 per hour 36.00 actual results: units produced 8,100 units direct material purchased 26,900 pounds at $2.70 $ 72,630 direct material used 24,000 pounds at $2.70 64,800 direct labor 41,000 hours at $7.00 287,000 assume that the company computes variances at the earliest point in time. the direct-material quantity variance is: