Current Attempt in Progress

Metlock Corp. purchased $2,950$ pounds of flour in preparation for making its biscuit mix. Every package of mix is expected to use $5$ pounds of flour, with flour budgeted at $\backslash (\backslash$$ $0\mathrm{.}50\backslash )$ per pound. The production department used $2,750$ pounds of the flour in producing $530$ packages of biscuit mix. If the purchasing department paid $\backslash (\backslash$$ $1,622\mathrm{.}50\backslash )$ for the initial flour purchase, what was the company's DM price variance? $($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

DM price variance $\backslash$$