Sticky Polymers Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 10,750 units of product were as follows:

	Standard costs	Actual Costs
Direct materials	3,700 lbs at $12.00	3,500 lbs at $12.50
Direct labor	4,300 hrs at $20.00	4200 hrs at $20.40
Factory overhead	Rates per direct labor hr.
	based on 100% of normal
	capacity of 4,500 direct
	labor hrs:
	Variable cost, $4.00	$16,800 variable cost
	Fixed cost, $3.00	$13,500 fixed cost

Each unit requires 0.4 hour of direct labor.

1. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.