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Coronado produces 5 - foot USB cables. During the past year, the company purchased 2 3 5 , 0 0 0 feet of plastic -

Coronado produces 5-foot USB cables. During the past year, the company purchased 235,000 feet of plastic-coated wire at a price of
$0.30 per foot. The direct materials standard for the cables allows 6 feet of wire at a standard price of $0.33 per foot. During the year,
the company used a total of 265,000 feet of wire to produce 46,0005-foot cables.
Calculate Coronado's direct materials quantity variance for the year.

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