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 Standard Quantity Standard Price 1 pounds $5.77 per pound 3.39 hours $11.89 per hour Direct materials Direct labor Sitka Industries made 2,564 ladders in July and used 8,762 pounds of material to make these units. Smith Industries bought 16,244 pounds of material in the current period. There was a $242 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