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Beta Enterprise developed standard costs for direct material and direct labour. In 2021, Beta estimated the following standard costs for one of their major products.

Beta Enterprise developed standard costs for direct material and direct labour. In 2021, Beta estimated the following standard costs for one of their major products.

                                           Budgeted quantity         Budgeted price

       Direct materials           0.65 pounds                      $68 per pound

       Direct labour               0.15 hours                         $31.40 per hour

During April 2021, Beta produced and sold 24555 units of the product, purchasing and using 9891 pounds of direct materials at an average cost of $73 per pound and 17053 direct manufacturing labour-hours at an average wage of $36.45 per hour.

The direct material price variance during April is $________. (If the variance is unfavourable, present your answer as a negative (e.g., -100), if it is a favourable variance, present as it is (e.g., 100)).

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