Cibolo Company has the following information available for March when 4,200 units were produced (round answers to the nearest dollar). Standards: Material 4.0 pounds per unit @ $5.25 per pound Labor 6.0 hours per unit @ $10.00 per hour Actual: Material purchased 17,500 pounds @ $5.10 Material used 16,700 pounds 25,500 direct labor hours @ $9.85 per hour Refer to Cibolo Company. Assume that the company computes the material price variance on the basis of material issued to production. What is the total material variance?