The following materials standards have been established for a particular product:

Standard quantity per unit of output	4.3	grams
Standard price	$14.00	per grams

The following data pertain to operations concerning the product for the last month:

Actual materials purchased	3,200	grams
Actual cost of materials purchased	$ 37,280
Actual materials used in production	2,500	grams
Actual output	510	units

The direct materials purchases variance is computed when the materials are purchased.

Required:
a.	What is the materials price variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.)