Assume that Pearle Vision uses standard costs to control the materials in its made-to-order sunglasses. The standards call for 3 ounces of material for each pair of lenses. The standard cost per ounce of material is $12. During August, the Santa Clara location produced 6,500 pairs of sunglasses and used 18,000 ounces of materials. The actual cost of the materials during August was $12.25 per ounce, and there were no beginning or ending inventories. Calculate the materials price variance. Note: If the variance is Unfavorable, type a minus sign "-" in front of your answer. For example: if variance is $1,000 Unfavorable, type "-1,000" (no spaces). Do not include any decimal places; do not include the $ sign