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What was the labor efficiency variance

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Question - Your Company uses a standard cost system. The labor standard is 4 units per 8-hour day at a standard cost of $15 per hour. Last month employees worked 4,920 hours and produced 2,500 units. The total labor cost during this period was $74,784. What was the labor efficiency (Q) variance for this last pay period?

Reference no: EM133038845

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