Waterway produces 5-foot USB cables. During the past year, the company purchased 215,000 feet of plastic-coated wire at a price of $0.50 per foot. The direct materials standard for the cables allows 6 feet of wire at a standard price of $0.55 per foot. During the year, the company used a total of 245,000 feet of wire to produce 42,0005 -foot cables. Calculate Waterway's direct materials quantity variance for the year. Direct material quantity variance $