Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2017, GII estimated the following standard costs for one of their major products, the

30minus

gallon

heavyminus

duty

plastic container.

	Budgeted quantity	Budgeted price
Direct materials	0.2

pounds

$ 40

per pound
Direct labor	0.7

hours

$ 13

per hour

During July, GII produced and sold

3 comma 000

containers using

750

pounds of direct materials at an average cost per pound of

$ 35

and

2 comma 125

direct manufacturing labor hours at an average wage of

$ 13.40

per hour.

The direct material efficiency variance during July is ________.