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2) Cola Co. manufactures a product with a standard direct labor cost of two hours at $24.00 per hour. During July, 2,000 units were produced

2) Cola Co. manufactures a product with a standard direct labor cost of two hours at $24.00 per hour. During July, 2,000 units were produced using 4,200 hours at $24.40 per hour. The labor efficiency variance was?

A. $4,880 Favorable

B. $4,800 Unfavorable

C. $4,800 Favorable

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