Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 6,900 units, but its actual level of activity was 6,850 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: (8 00:29:36 Fixed variable element element per per month unit $34.40 Revenue 0 0 Direct labor Direct materials Manufacturing overhead Selling and administrative expenses Total expenses 39,000 25, 700 $ 64,700 $ 6.40 14.00 1.90 4.00 $26.30 Actual results for May: Revenue $ 236,700 Direct labor $ 43,370 Direct materials $ 96,930 Manufacturing overhead $ 44,500 Selling and administrative expenses $ 30,490 The spending variance for direct materials in May would be closest to: Multiple Choice $330 F $1,030 U $330 U $1,030 F