Sombra Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports During May, the company budgeted for 6,700 units, but its actual level of activity was 6,650 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting Tixed cont per month Variable cont per unit $34.20 Revende Direct labor Direct materials Manufacturing overhead Selling and administrative expenses Total expenses $ 0 0 37,000 25,500 362,500 $6.20 13.80 1.70 0.20 $21.90 Actual results for May Revende $220.900 Direct labor $41.130 Direct materials 593,235 Hnuturing overhead $ 43,500 olling and administrative expenses 5 30.470 The spending variance for direct materials in May would be closest to: Multiple Choic $1,465 F $775 F $1,465 U $775 U