Question 4 4 pts The following data is the same as the previous question: Museum Creations produces blown glass art using glass beads and produced 1400 units. The following information about direct materials is given below: Purchased 5020 lbs. of glass beads at a price of $3 per lb. Used 4980 lbs. during the period. The standard price of the glass beads-- $3.7 perib. The standard quantity per unit--3.5 lbs. What is Museum Creations' direct materials quantity variance for the period? (round to the nearest whole unit/dollar, 2 points) ? Is the variance favorable or unfavorable (2 points)