Vaughn produces 5-foot USB cables. During the past year, the company purchased 175,000 feet of plastic-coated wire at a price of $0.30 per foot. The direct materials standard for the cables allows 6 feet of wire at a standard price of $0.34 per foot. During the year, the company used a total of 193,000 feet of wire to produce 34,000 5-foot cables. Calculate Vaughns direct materials quantity variance for the year.

Direct material quantity variance

$enter the direct material quantity variance in dollars rounded to 0 decimal places

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