Tarantula Corporation planned to use 2 yards of fabric per finished goods unit budgeted at $98 a yard. However, the fabric actually cost $96 per yard. The company actually made 3,200 units, although it had planned to make 3,700 units. Total yards used for production were 6,690. How much is the total materials variance?

$41,220 Unfavorable

$15,040 Favorable

$41,220 Favorable

$54,780 Favorable

$15,040 Unfavorable

$54,780 Unfavorable