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Calculating labor variances. Manna, Inc. manufactures lead crystal glasses. The standard direct labor time is 0.6 hours per glass, at a cost of $19 per

Calculating labor variances.

Manna, Inc. manufactures lead crystal glasses. The standard direct labor time is 0.6 hours per glass, at a cost of $19 per hour. The actual results for one month's production of 7,990 glasses were 0.4 hours per glass, at a cost of $13 per hour. Calculate the direct labor cost variance and the direct labor efficiency variance.

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