What is the direct labor efficiency variance

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Garden supply budgeted three hours of direct labor per unit at 10.00 per hour to produce 500 units of product. The 500 units were completed using 1600 hours of direct labor at 10.50 per hour. what is the direct labor efficiency variance?

a. 1000 favorable

b. 1050 favorable

c. 1000 unfavorable

d. 1050 unfavorable

Reference no: EM131286376

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