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NewTone, Inc makes MP3 players and uses standard costing. They recently used 20,979 labor hours to produce 7,007 units. They originally budgeted 21,416 hours to
NewTone, Inc makes MP3 players and uses standard costing. They recently used 20,979 labor hours to produce 7,007 units. They originally budgeted 21,416 hours to produce 7,406 units with payroll of $337,898. The company's actual payroll cost amounted to $300,807. What was the direct labor efficiency variance
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