During February, the company produced 53,111 units using 56,149 pounds purchased at 0.05 per pound. The standard price per pound is $.01 and the standard quantity is 18 pounds per unit. Calculate the Material Price Variance to the nearest one dollar. If the variance is favorable, put - sign in from of the answer. If the variance is unfavorable, leave the answer positive. As always, leave out all commas and dollar signs