1 Sprint LTE 5:42 PM @ 40%O 76 0 The Cornell Company makes tables for which the following standards have been developed: Standard Inputs Expected For Each Unit of Output Standard Price Expected Per Unit of Input Direct Materials 10 pounds $4 per pound Direct Labor 3 hours $16 per hour Production of 200 tables was expected in July, but 220 tables were actually completed. Direct materials purchased and used were 2,000 pounds at an actual price of $4.40 per pound. Direct labor cost for the month was $10,620, and the actual pay per hour was $18.00. What is the direct material quantity variance for July? More options