Sitka Industries uses a cost system that carries direct materials inventory at a standard cost. The controller has established these standards for one ladder (unit):

	Standard Quality	Standard Price	Standard Cost
Direct materials	3 pounds	$4.5 per pound	$13.50
Direct labor	2.00 hours	$12.00 per hour	$24.00
Total Cost			$37.50

Sitka Industries made 2,900 ladders in July and used 8,800 pounds of material to make these units. Smith Industries bought 15,600 pounds of material in the current period. There was a $300 unfavorable direct materials price variance.

What is the total direct material cost variance? [Hint: enter your answer as POSITIVE to denote favorable, and NEGATIVE to denote unfavorable)