Victoria Manufacturing produced 5,250 units in October. The following is the company's standards and actuals for the month. Standard: - Material 2.1 pounds per unit @ $5.75 per pound Labor 1.8 direct labor hours per unit @ $12.50 per hour - - Actual: - Material 12,075pounds purchased and used @ $5.65 per pound Labor 8,925 direct labor hours at $13 per hour - - Refer to Victoria Manufacturing. What is the material price variance