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): Sitka Industries cost standards Direct materials Direct labor Standard Quantity 5 pounds 3.52 hours Standard Price $4.91 per pound $12.72 per hour Sitka Industries made 2,874 ladders in July and used 8,768 pounds of material to make these units. Smith Industries bought 15,993 pounds of material in the current period. There was a $292 unfavorable direct materials price variance. What is the total direct materials cost variance? Round to the nearest whole dollar, no decimals. If it is an unfavorable variance, enter a positive number. If is a favorable variance, enter a negative number using a - dash not parentheses.