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4. Data for labor used in the production of sneakers Standard: .25 hours per sneaker at $11.00 per hour Actual quantity produced: 25,000 sneakers Quantity

4. Data for labor used in the production of sneakers Standard: .25 hours per sneaker at $11.00 per hour Actual quantity produced: 25,000 sneakers Quantity used: 6,000 hours, total cost $69,000 What is the labor efficiency variance? A. $2,750 Favorable B. $2,750 Unfavorable

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