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Exeter has a materials standard of 1 pound per unit of output. Each pound has a standard price of $26 per pound. During July, Exeter

Exeter has a materials standard of 1 pound per unit of output. Each pound has a standard price of $26 per pound. During July, Exeter paid $66,100 for 2,475 pounds, which it used to produce 2,350 units. What is the direct materials quantity variance?

Group of answer choices

$4,550 unfavorable

$1,300 favorable

$3,250 unfavorable

$1,750 unfavorable

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