Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials quantity variance.

Direct materials standard (6 lbs. @ $2/lb.)	$12 per finished unit
Actual direct materials used	212,750 lbs.
Actual finished units produced	35,000 units
Actual cost of direct materials used	$423,120

$2,380 unfavorable.

$3,120 unfavorable.

$2,380 favorable.

$5,500 unfavorable.

$3,120 favorable.