Bradford Company budgeted 4,750 pounds of material costing $6.5 per pound to produce 2,375 units. The company actually used 12,000 pounds that cost $6.6 per pound to produce 3,500 units.
What is the direct materials quantity variance?
$8,275 unfavorable
$32,500 unfavorable
$475 unfavorable
$32,500 favorable
$1,200 unfavorable