Harold Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During March, the company budgeted for 7,900 units, but its actual level of activity was 7,860 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for March:

Data used in budgeting:

	Fixed element per month			Variable element per unit
Revenue		-		$	39.80
Direct labor	$	0		$	7.70
Direct materials		0			18.00
Manufacturing overhead		38,200			1.50
Selling and administrative expenses		27,400			0.50
Total expenses	$	65,600		$	27.70

Actual results for March:

Revenue	$	297,318
Direct labor	$	59,962
Direct materials	$	135,850
Manufacturing overhead	$	51,370
Selling and administrative expenses	$	31,950

The spending variance for direct materials in March would be closest to: