The standard materials cost to produce 1 unit of Product R is 9 pounds of material at a standard price of $41 per pound. In manufacturing 7,400 units, 63,600 pounds of material were used at a cost of $42 per pound. What is the direct materials quantity variance? Multiple Choice $63,600 favorable. $123,000 favorable. $63,600 unfavorable. $123,000 unfavorable $59,400 favorable