Seaside Company produces picture frames. During the year 190,000 picture frames were produced. Materials and labor standards for producing the picture frames are as follows:
Direct materials (2 pieces of wood @ $2.25)	$4.50
Direct labor (2 hours @ $10)	$20.00
Seaside purchased and used 400,000 pieces of wood at $2.00 each and its actual labor hours were 360,000 hours at a wage rate of $10.50.

Refer to Figure 10-5. What is the materials usage variance?