During May Stelco produced 1,500 units of product C40P. The direct labor budget for one unit of this product allowed 1/2 hour at a rate of $25.00 per hour. A standard variance analysis of the direct labor costs resulted in the following variances for the month: Labor Rate Variance: $230 (this is an unfavorable variance) Labor Efficiency Variance: $-1005 (this is a favorable variance) Determine the actual cost of direct labor for the month of May. Round your answer to the nearest $1.00.