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Irvin Corporation also reported the following standards for direct labor for the year: Standard cost per hour Standard quantity per unit $12.00/hr 5 hours

Irvin Corporation also reported the following standards for direct labor for the year: Standard cost per hour Standard quantity per unit $12.00/hr 5 hours During the year, 10.125 units were produced. The actual hours incurred to produce the finished units were 53,625 hours at a total cost of $622.050. What is the the direct labor efficiency variance?

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