Quantile Corporation has the following standards for its direct materials: Standard cost:80 per pound Standard quantity:

Quantile Corporation has the following standards for its direct materials:

• Standard cost: $3.80 per pound
• Standard quantity: 6.00 pounds per product

During the most recent month, the company purchased and used 33,900 pounds of material in manufacturing 5,600 products, at a total cost of $131,900. Compute the materials quantity variance.