Exeter has a material standard of 1 pound per unit of output. Each pound has a standard price of $25 per pound. During July, Exeter paid $136,000 for 5,020 pounds, which they used to produce 4,760 units. What is the direct materials quantity variance?

$6,500 unfavorable

$9,100 unfavorable

$10,500 unfavorable

$9,600 favorable