Question $7(1$ point$)$

Tipper Co$.$ makes organic fertilizer sold in one pound bags for the chef$/$gardener market. The standard material is $30$ ounces per bag of assorted meal at a cost of $$0\mathrm{.}63$ per ounce. Tipper Co$.$ budgeted to make $65,000$ bags but due to high demand, they ended up making $78,000$ bags. They paid $$42,000$ for $60,000$ ounces of meal and used all in production during the period.

What is their material cost variance for this period? Enter a favorable variance is a positive number and an unfavorable variance as a negative number.

Enter as a whole number, no commas and no dollar signs.

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