XYZ Company, which manufactures electrical switches, uses standard costing, and carries all inventories at standard. The standard manufacturing overhead costs per switch are based on direct labor hours and are shown below: Variable overhead (4 hours @ $10 per direct manufacturing labor hour) $40 Fixed overhead (4 hours @ $15 per direct manufacturing labor hour) 60 *Based on capacity of 160,000 direct manufacturing labor hours per month. The following information is available for the month of December: - 34,000 switches were produced although 40,000 switches were scheduled to be produced. - 130,000 direct manufacturing labor hours were worked at a total cost of $4,525,000. - Variable manufacturing overhead costs were $2,000,000. - Fixed manufacturing overhead costs were $2,550,000. The favorable variable manufacturing overhead efficiency variance for December was Note: Your answer should be in the format of "S***". Round your calculations and final answer to the whole number. Use commas to separate thousands