1. Matinna Co. maintains no inventories and has the following data pertaining to one of its direct materials in July:

   Standard quantity of direct materials for the units manufactured 30,000

   Direct materials purchases $63,000

   Standard price per unit of direct materials $2.00

   Direct materials efficiency variance - favorable $4,500

   What was the company's direct materials flexible-budget variance (i.e., total materials variance) for July?

   		$3,000F
   		$7,500F
   		$7,500U
   		$1,500U
   		$3,000U