Information concerning Johnston Co.'s direct materials costs is as follows:

Standard price per pound	$	7.45
Actual quantity purchased		3,250	pounds
Actual quantity used in production		3,150	pounds
Units of product manufactured		800
Materials purchase-price variancefavorable	$	955
Budget data for the period:
Units to manufacture		1,100
Units of direct materials		4,400	pounds

QUESTION:

The direct materials usage variance for the period, rounded to two decimal places, is: