Puvo, Incorporated, manufactures a single product in which variable manufacturing overthead is assigned on the basis of standard direct laborfhours. The company uses a standard cost system and has established the following standards for one unit of product During March, the following activity was recorded by the company: - The company produced 3,800 units during the month. - A total of 11,100 pounds of material were purchased at a cost of $31,080. - There was no beginning imventory of materials on hand to start the monthy at the end of the month, 2,220 pounds of moterial remained in the Wareheuse - During March. 2.480 direct labor-hours were worked at a rate of $10.50 per hour. - Variable manufocturing overhead costs during March totaled \$3,548. The direct materials purchases variance is computed when the materiais are purchased. The materials quantity variance for March is