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Plato Company began operations on June 1 , 2 0 2 4 . For its first month of operations, Plato Company established the following standards

Plato Company began operations on June 1,2024. For its first month
of operations, Plato Company established the following standards for
one unit of its single product
standard quantity standard price
direct materials 7 pounds $14 per pound
direct labor 8 hours $17 per hour
variable overhead 8 hours $11 per hour
Plato Company reported the following information for June:
1.7,000 pounds of direct materials were purchased at a total cost
of $113,750.
2.5,400 direct labor hours were worked at a total cost of $75,600.
3. The variable overhead cost for the month totaled $52,950.
4.640 units were produced.
5. At June 30, Plato Company had 3,200 pounds of direct materials on
hand.
Calculate the variable overhead efficiency variance for June.
If the variance is favorable, place a minus sign in front of your answer
(i.e.,-5000). If the variance is unfavorable, simply enter your answer
as a number (i.e.,5000).

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