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NewTone, Inc makes MP 3 players and uses standard costing. They recently used 2 0 , 6 9 9 labor hours to produce 7 ,

NewTone, Inc makes MP3 players and uses standard costing. They recently used 20,699 labor hours to produce 7,005 units. They originally budgeted 21,035 hours to produce 7,432 units with payroll of $333,608. The companys actual payroll cost amounted to $300,198. What was the direct labor efficiency variance?

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