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Exercise 6-9 Crane produces 8-foot USB cables. During the past year, the company purchased 48,006,000 feet of plastic coated wire at a price of $0.23

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Exercise 6-9 Crane produces 8-foot USB cables. During the past year, the company purchased 48,006,000 feet of plastic coated wire at a price of $0.23 per foot. The direct materials standard for the cables allows 8.56 feet of wire at a standard price of $0.21. During the year, the company used a total of 534,930 feet of wire to produce 68,100 8-foot cables. Calculate Crane' direct materials quantity variance for the year. (Round answer to o decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter o for the amounts.) Direct material quantity variance $ Click if you would like to Show Work for this question: Open Show Work

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