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TechSolvers produces 8-foot USB cables. During the past year, the company purchased 59,374,000 feet of plastic-coated wire at a price of $0.28 per foot. The

TechSolvers produces 8-foot USB cables. During the past year, the company purchased 59,374,000 feet of plastic-coated wire at a price of $0.28 per foot. The direct materials standard for the cables allows 8.56 feet of wire at a standard price of $0.26. During the year, the company used a total of 534,690 feet of wire to produce 69,400 8-foot cables. Calculate TechSolvers direct materials quantity variance for the year. (Round answer to 0 decimal places, e.g. 125. If variance is zero, select "Not Applicable" and enter 0 for the amounts.)

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