Holleyman Industries is a leading manufacturer of golf balls. Each golf ball requires 1 minute of direct labor time to complete. Holleyman used 7,510 direct labor hours in July to produce 436,200 golf balls. Holleyman's standard labor rate is $12 per direct labor hour, and the actual labor rate in July was $10.81.
Calculate Holleyman's direct labor efficiency variance for July. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.)