Tipper Co. makes organic fertilizer sold in one pound bags for the chef/gardener market. The standard material is 26 ounces per bag of assorted meal at a cost of $0.88 per ounce. Tipper Co. budgeted to make 65,000 bags but due to high demand, they ended up making 72,000 bags. They paid $42,000 for 60,000 ounces of meal and used all in production during the period. What is their material cost variance for this period? Enter a favorable variance is a positive number and an unfavorable variance as a negative number. Enter as a whole number, no commas and no dollar signs.