1.) A firm has the following information.

Static budget's FG units: 1,029 Actual FG units produced: 1,003 Standard DL wage (per hour): $4.5 Actual DL wage (per hour): $5.9 Standard DL hours per FG unit: 0.5 Actual total DL hours: 561

What is the firm's DL price variance?

NOTE: Do NOT indicate whether the variance is favorable or unfavorable for this question, only a positive number in your answer. NOTE: Round your answer to the nearest cent.