Tech Solvers produces 8-foot USB cables. During the past year, the company purchased 500,000 feet of plastic coated wire at a price of $0.25 per foot. The direct materials standard for the cables allows 8.5 feet of wire at a standard price of $0.23. During the year, the company used a total of 535,000 feet of wire to produce 63,000 8-foot cables.
Calculate Tech Solvers' direct materials quantity variance for the year.