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Zillow Inc. has the following data related to direct materials costs for the current month: Actual cost for 7,000 pounds of material at $2.50 per

Zillow Inc. has the following data related to direct materials costs for the current month: Actual cost for 7,000 pounds of material at $2.50 per pound and Standard cost for 6,700 pounds of material at $3.20 per pound. What is the direct materials quantity or efficiency variance? O $960 unfavorable $4,900 unfavorable -$4,900 favorable -$960 favorable

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