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The following data relate to direct labor cost for January: Actual costs: $12.00 per hour Standard costs: $10.00 per hour 5,000 hours were worked when

The following data relate to direct labor cost for January:

Actual costs: $12.00 per hour

Standard costs: $10.00 per hour

5,000 hours were worked when 4,800 hours should have been worked to complete the job.

What is the labor efficiency variance?

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