Direct material: 5 pounds at $8.00 per pound Direct labour: 2 hours at $14 per hour Variable overhead: 2 hours at $5 per hour Total standard variable cost per unit $ 40.00 28.00 10.80 $ 78.00 Fixed overhead was budgeted at $585,000. Fixed overhead is applied on the basis of direct labour-hours. The company also established the following cost formulas for its selling expenses Advertising Sales salaries and commissions Shipping expenses Fixed Cost Variable Cost per per Month Unit Sold $ 200,000 $ 100,000 $ 12.00 $3.00 The static fie, planning) budget for March was based on producing and selling 25,000 units. However, during March the company actually produced and sold 30.000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $750 per pound. All of this material was used in production b. Direct-labourers worked 55.000 hours at a rate of $15.00 per hour c. Total variable manufacturing overhead for the month was $280,500 And fixed manufacturing overhead was $580,000 d. Total advertising, sales salaries and commissions, and shipping expenses were $210,000, $455,000, and S115,000, respectively Required: What is the direct labour efficiency variance for March? Unput the amount as a positive value. Leave no cells blank.be certain to i thing