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Cloudy Company established the following standards with respect to one of its products: Direct materials (pounds) Direct labor (hours) Variable overhead (applied using machine hours

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Cloudy Company established the following standards with respect to one of its products: Direct materials (pounds) Direct labor (hours) Variable overhead (applied using machine hours (MH)] Std Qty. 3.0 1.5 1.0 Std price (rate) $6.00 $30.00 $5.00 Std. cost $18.00 $45.00 $5.00 $68.00 Actual results for the past quarter were as follows there was no beginning direct materials inventory): Units produced Direct materials purchased (pounds) Direct materials purchased (dollars) Direct materials used (pounds) Direct labor hours incurred Direct labor cost Variable overhead costs Machine hours (MH) incurred 900 2,800 $17,780 2,650 1,400 $41,440 $4,758 915 Calculate the direct labor quantity variance for the quarter

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