The following cost information is for Howard Company. Actual results:

Total cost of purchasing material: $58,000

Number of labor hours worked: 2,000 hours

Number of material pounds used in production: 5,850 pounds

Total labor cost: $48,000

Number of units produced: 500 units

Number of material pounds purchased: 6,250 pounds

Howard Company has established the following standards:

Price per pound of materials: $10.00 per pound

Number of pounds of material to produce one unit: 20 pounds

Standard labor rate: $30.00 per hour

Number of labor hours to produce one unit: 5 hours

Compute Howard's Labor Efficiency Variance.