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Question 21 (2.5 points) Using the following information, compute Labor Efficiency Variance. Direct Materials Direct Labor Flexible Budget As-if' Budget $10,000 $19,000 $50,000 $48,000 Actual

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Question 21 (2.5 points) Using the following information, compute Labor Efficiency Variance. Direct Materials Direct Labor Flexible Budget "As-if' Budget $10,000 $19,000 $50,000 $48,000 Actual Results $19,300 $47,500 $2,000 Favorable. O $2,000 Unfavorable. O $500 Favorable. $500 Unfavorable

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