The Collins Corporation uses standard costing and has established the following direct material and direct labor standards for each unit of the single products it makes: Direct materials: 5 gallons at $8.36 per gallon Direct labor: 0.9 hour at $15.82 per hour During July, the company made 6,492 units of product and incurred the following costs: . . Direct materials purchased: 26,989 gallons at $8.07 per gallon Direct materials used: 25,481 gallons Direct labor used: 5,507 hours at $15.51 per hour Calculate the labor efficiency variance. Round your answer to two decimal places. Favorable variances should be positive, unfavorable should be entered as a negative.