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Grubber Candy Corporation has developed standards for the production of its new chocolate, ChocO. The variable cost standards below relate to each 10 gallon batch

Grubber Candy Corporation has developed standards for the production of its new chocolate, ChocO. The variable cost standards below relate to each 10 gallon batch of ChocO:

Standard Cost Per Batch
Milk chocolate (2 pounds $0.85 per pound) $ 1.70
Direct labor (1.25 hours $12.00 per hour) $ 15.00
Variable overhead (1.25 hours $44.00 per hour) $ 55.00

Variable manufacturing overhead at Grubber is applied based on direct labor-hours. The actual results for last month were as follows:

Number of batches produced 3,800
Direct labor-hours incurred 4,510
Pounds of chocolate purchased 9,000
Pounds of chocolate used in production 7,880
Cost of chocolate purchased $ 7,200
Direct labor cost $ 53,218
Variable manufacturing overhead cost $ 205,700

What is ChocO's materials (milk chocolate) quantity variance?

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