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Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor efficiency variance. Direct labor standard (1.00 hrs. @

Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor efficiency variance.

Direct labor standard (1.00 hrs. @ $19.50/hr.) $ 19.50 per finished unit
Actual direct labor hours 87,100 hrs.
Actual finished units produced 86,900 units
Actual cost of direct labor $ 1,704,550

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