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Waterway Industries's variance report for the purchasing department reports 1200 units of material A purchased and 2000 units of material B purchased. It also reports

Waterway Industries's variance report for the purchasing department reports 1200 units of material A purchased and 2000 units of material B purchased. It also reports standard prices of $4 for Material A and $4 for Material B. Actual prices reported are $4.10 for Material A and $3.80 for Material B. 

Calculate Waterway total price variance.

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