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Crane produces 5 -foot USB cables. During the past year, the company purchased 170,000 feet of plastic-coated wire at a price of $0.30 per foot.

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Crane produces 5 -foot USB cables. During the past year, the company purchased 170,000 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 $0.32 per foot. During the year. the company used a total of 194,500 feet of wire to produce 33,0005 -foot cables. Calculate Crane's direct materials quantity variance for the year

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