A company has established 5 pounds of Material $2 per pound as the standard for the material in its Product Z. The company has just produced 1,000 units of this product, using 5,200 pounds of Material that cost $9.180. The direct materials quantity variance is: Multiple Choice o $400 favorable O 51.220 unfavorable o O $400 unfavorable o O $1220 favorable o $820 favorable o