ABC company began operations on september 1, 2022. For its first month of operations, ABC Company set the following standards for each unit of its single product: ABC Company reported the following information for september: 1. 28,000 pounds of direct materials were purchased at a cost of $7,10 per pound. 2. 56,060 direct labor hours were worked at a total cost of $852,440. 3. The variable overhead cost for the month totaled $620,000. 4. 6,800 units were produced- 5. At september 30, ABC company had 4,300 pounds of direct materials on hand. Calculate the direct material price variance for september. If the variance is favorable, place a minus sign in front of your answer (1.e., -5000). If the variance is unfavorable, simply enter your answer as a number (1.e., 5000)