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Assume the following information for Jenkins Inc.:

Total flexible budget direct materials costs:	$5,000
Standard quantity of direct materials per unit:	40 items
Budgeted production:	300 units
Total actual direct materials costs:	$4,500
Actual quantity of direct materials per unit:	42 items
Actual production:	250 units

What is Jenkins' direct materials efficiency variance? (do not round intermediate calculations, round final answer to the nearest cent)