ABC Company began operations on Septenber 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 mater1als were purchased at a cost of $7.10 per pound. 2. 56,000 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)