Concord Industries is a leading manufacturer of baseballs. Each baseball requires 5 minutes of direct labor time to complete. Harker used Concord used 37,550 direct labor hours in July to produce 449,400 baseballs. Concord's standard labor rate is $12 per direct labor hour, and the actual labor rate in July was $11.02. Calculate Concord's direct labor efficiency variance for July. (If variance is zero, select "Not Applicable" and enter O for the amounts.) Direct labor efficiency variance eTextbook and Media $ Unfavorable Favorable Not Applicable