What is the labor efficiency variance for the month

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Question - The following labor standards have been established for a particular product:

Standard labor-hours per unit of output 9.9 hours

Standard labor rate $13.70 per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked 7,700 hours

Actual total labor cost $102,410

Actual output 1,000 units

Required - What is the labor efficiency variance for the month?

Reference no: EM132607334

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