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Find what was the direct labor efficiency variance

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Reference no: EM132548294

The Prescott Company is assessing its labor costs for the past fiscal year. During the fiscal year, Prescott reported the following information:

Standard Hours 10,000

Actual Hours 12,000

Standard wages per hour $10

Actual wages per hour $9

Question 1: What was the direct labor efficiency variance?

Reference no: EM132548294

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