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Bramble produces 5-foot USB cables. During the past year, the company purchased 165,000 feet of...

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Accounting

Bramble produces 5-foot USB cables. During the past year, the company purchased 165,000 feet of plastic-coated wire at a price of $0.40 per foot. The direct materials standard for the cables allows 6 feet of wire at a standard price of $0.42 per foot. During the year, the company used a total of 191,000 feet of wire to produce 32,000 5-foot cables. Calculate Brambles direct materials quantity variance for the year.

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