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The Collins Corporation uses standard costing and has established the following direct material and direct labor standards for each unit of the single products

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: 4 gallons at $8.15 per gallon Direct labor: 0,8 hour at $15.53 per hour During July, the company made 6,181 units of product and incurred the following costs; Direct materials purchased: 26,045 gallons at $8.21 per gallon Direct materials used: 25,224 gallons * Direct labor used: 5,568 hours at $15.44 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.

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