What is the direct materials quantity variance

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15] Summerlin Company budgeted 4,800 pounds of material costing $7.00 per pound to produce 2,100 units. The company actually used 5,300 pounds that cost $7.10 per pound to produce 2,100 units. What is the direct materials quantity variance?

$3,550 unfavorable.
$530 unfavorable.
$480 unfavorable.
$4,030 unfavorable.
$3,500 unfavorable. 

Reference no: EM131022176

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