Information on Pruitt Company’s direct-material costs for the month of July 2011 was as follows:

Actual quantity purchased ................................................................................30,000 units

Actual unit purchase price ...........................................................................................$2.75

Materials purchase-price variance —unfavorable (based on purchases) ..................$1,500

Standard quantity allowed for actual production ............................................24,000 units

Actual quantity used ........................................................................................22,000 units

[CPA Adapted] For July 2011, there was a favorable direct-materials efficiency variance of ________?