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Tidd Corporation makes a product with the following standard costs: Inputs Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct materials

Tidd Corporation makes a product with the following standard costs:

Inputs Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit
Direct materials 4.7 grams $2.00 per gram $9.40
Direct labor 0.8 hours $18.00 per hour $14.40
Variable overhead 0.8 hours $2.00 per hour $1.60

The company reported the following results concerning this product in November.

Originally budgeted output 8,900 units
Actual output 9,000 units
Raw materials used in production 44,730 grams
Purchases of raw materials 47,220 grams
Actual direct labor-hours 7,790 hours
Actual cost of raw materials purchases $132,360
Actual direct labor cost $125,053
Actual variable overhead cost $13,766

The company applies variable overhead on the basis of direct labor-hours. The direct materials price variance is computed when the materials are purchased.

The materials quantity variance for November is:

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