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Mid City Products Inc. (MCP), developed standard costs for direct material and direct labor. In 2017, MCP estimated the following standard costs for one of

Mid City Products Inc. (MCP), developed standard costs for direct material and direct labor. In 2017, MCP estimated the following standard costs for one of their most popular products.

Budgeted quantity

Budgeted price

Direct materials

2

pounds

$ 7.60

per pound

Direct labor

0.3

hours

$ 18

per hour

During September, MCP produced and sold

2 comma 000

units using

4 comma 200

pounds of direct materials at an average cost per pound of

$ 7

and

550

direct labor hours at an average wage of

$ 18.30

per hour.

The direct labor efficiency variance during September is ________.

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