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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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