Ortman Corporation makes a product with the following standard costs:

	Standard Quantity or Hours		Standard Price or Rate
Direct materials	6.6	liters	$11.00	per liter
Direct labor	1.0	hours	$16.00	per hour
Variable overhead	1.0	hours	$1.00	per hour

The company reported the following results concerning this product in May:

Actual output	1,600	units
Raw materials used in production	10,400	liters
Actual direct labor-hours	1,535	hours
Purchases of raw materials	11,830	liters
Actual price of raw materials purchased	$ 6.80	per liter
Actual direct labor rate	$15.50	per hour
Actual variable overhead rate	$0.80	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 May is:

$1,760 U

$1,775 U

$1,760 F

$1,775 F