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Newton Company's labor standard for the production of one racer is 4.5 hours at $8.50 per hour. During October, Newton's employees built 140,000 racers. They

Newton Company's labor standard for the production of one racer is 4.5 hours at $8.50 per hour. During October, Newton's employees built 140,000 racers. They worked 610,000 hours and were paid a total of $5,328,400. How much is Newton's labor efficiency variance?

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