Parker Corporation manufactures and sells a standard tool used by the automotive industry to build automobiles.

To manufacture one tool the following parts are needed.

Description Quantity Cost per unit Total Cost

Square metal piece $(6$ X $6)4$ $$\mathrm{.}0\mathrm{.}50$ $$2\mathrm{.}00$

Round metal piece $3$ $$0\mathrm{.}40$ $$1\mathrm{.}20$

Metal Stand $1$ $$0\mathrm{.}25$ $$0\mathrm{.}25$

During the month of May $2024.$ Parker Corporation produced and sold $25,870$ tools at a selling price of $$14\mathrm{.}00$ per tool.

Raw Materials requisition records indicated that the following raw materials were requisitioned by production employees to put into the production process.

Description Quantity

Square metal piece $(6$ X $6)103,977$

Round metal piece $77,640$

Metal Stand $25,912$

Purchasing records indicate the Parker purchased the following during the month of May.

Description Quantity Total Cost

Square metal piece $(6$ X $6)109,000$ $$58,980$

Round metal piece $95\mathrm{.}000$ $$38,450$

Metal Stand $46,000$ $$11,940$

Based on the data shown above, what is the total amount of direct materials variance: