Dexter Company, which produces a single product, has the following standard cost and actual cost information:

Standard cost:

Direct materials ( 8 pounds @ $2.5/lb)	$20
Direct labor (3 direct labor hours @$12/hour)	36
Manufacturing OH (3 DLH @ $10/DLH)	30
Total	$86

Dexter Company assigns overhead (OH) cost based on direct labor hours (DLH). The $10/DLH pre-determined overhead rate is determined as follows: $7/DLH variable OH and $3/DLH fixed OH ($2,160/720DLH). 720 DLH reflects the capacity hours of producing 240 units (240 units X 3DLH/unit). Please note that it takes three direct labor hours to produce each unit of product.

During the period, 230 units were produced at the following cost:

Direct materials ( 1900 pounds @ $2.6/lb)	$4,940
Direct labor (700 hours @$11.60/hour)	8,120
Manufacturing OH ($4,300 variable OH and $2,000 fixed OH)	6,300
Total	$19,360

(Please note that you'll be asked to compute several variances in this exam based on the same information above)

Compute the material quantity variance (please a negative sign if the variance is unfavorable)