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

Standard price per pound $ 6.95 Actual quantity purchased 3,020 pounds Actual quantity used in production 2,920 pounds Units of product manufactured 750 Materials purchase-price variancefavorable $ 905 Budget data for the period: Units to manufacture 1,050 Units of direct materials 4,200 pounds

1)

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