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A company's standard direct labor cost to produce one unit of a product is 4 hours at $18 per hour. During a period, 3,500 units
A company's standard direct labor cost to produce one unit of a product is 4 hours at $18 per hour. During a period, 3,500 units were produced with actual direct labor costs amounting to $70,000. Analyze the labor efficiency variance and propose measures to enhance workforce productivity and operational efficiency.
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