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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

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 $133,000 for 4,960 pounds, which they used to produce 4,780 units. What is the direct materials quantity variance?

$7,100 unfavorable

$9,000 unfavorable

$4,500 unfavorable

$8,100 favorable

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