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MNO produces a single product. The standard production requirement for each unit requires 0.50 direct labor hours at a standard rate of $15 per hour.

MNO produces a single product. The standard production requirement for each unit requires 0.50 direct labor hours at a standard rate of $15 per hour. During the last year, MNO assembly line workers worked a total of 2,000 hours at a cost of $60,000 to MNO. Also last year, MNO manufactured 3,000 units of product. What was the company's direct labor efficiency variance for the year?

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