The McCarthy Company developed the following standards for the manufacture of its product:

• Each unit should have 2 pounds of direct materials purchased at $4 per pound.
• Each unit should be produced in 1 hours at a direct labor cost of $16 per hour.

Actual production was 6,000 units using 12,400 pounds of direct materials at a total cost of $60,800 and required 8,200 direct labor hours at a total cost of $110,400.What is the "cost" variance for direct materials?Use a positive number to indicate a favorable variance or a negative number to indicate an unfavorable variance.