Doogan Corporation makes a product with the following standard costs: Direct materials Direct labor Variable overhead Standard Quantity or Hours 2.0 grams 1.4 hours 1.4 hours Standard Price or Rate $ 7.00 per gram $ 10.00 per hour $ 4.00 per hour The company produced 4,800 units in January using 10,320 grams of direct material and 2,300 direct labor- hours. During the month, the company purchased 10,890 grams of the direct material at $7.20 per gram. The actual direct labor rate was $10.75 per hour and the actual variable overhead rate was $3.90 per hour. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for January is