Barberry, Inc., manufactures a product called Fruta. The company uses a standard cost system and has established the following standards for one unit of Fruta:
Standard Quantity Standard Price Standard Cost
Direct materials 1.7 pounds $ 5.80 per pound $ 9.86
During June, the company recorded this activity related to production of Fruta:
a. The company produced 3,400 units during June.
b. A total of 9,660 pounds of material were purchased at a cost of $54,096.
c. There was no beginning inventory of materials; however, at the end of the month, 1,500 pounds of material remained in ending inventory.
What is the material quantity variance?