The Flunk-o-Rama Company produces electric grading machines. The company hopes to build 15,000 units during the year. The parts include a high pressure washer, a blow dryer, and a buffer. It takes about 7 pounds of belts, printers, and for the parts to build the machine. One grading machine takes a worker, earning $12 per hour, about 3 hours to build. Each pound of material costs $8. It is believed that factory overhead for the year will be $60,000, which includes $17,000 of variable costs. During the year 16,000 units are made. The actual materials cost $8.80 per pound and 106,000 pounds were used in production. Workers actually worked 52,000 hours at an average of $11.25 per hour. The actual factory overhead costs were $63,000. What is the Materials Quantity Variance?