Aldo Company developed standard costs for direct material and direct labor. In 2019, Aldo estimated the following standard costs for one of their major products, the 30-gallon plastic container. Budgeted quantity Budgeted price Direct materials .55 pounds $30.00 per lb Direct labor .90 hours $25.00 per hr During May, Aldo produced and sold 7,000 containers using 3,400 pounds of direct materials at an average cost per pound of $27.50 and 6,100 direct manufacturing labor hours at an average wage of $26.00 per hour. The direct material price variance during May is ________