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A standard budget shows that to produce 5,000 units, 15,000 labor hours are expected at an expected rate of $10/hr. Over the period, 8,000 units

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A standard budget shows that to produce 5,000 units, 15,000 labor hours are expected at an expected rate of $10/hr. Over the period, 8,000 units were produced and $192,000 of labor costs were incurred. 16,000 labor hours were used. What was the labor efficiency variance (LEV) for the period? If favorable, enter as positive; if unfavorable, enter as negative. Numeric Response

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