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The following labor standards have been established for a particular product: Standard labor-hours per unit of output 8.5 hours Standard labor rate $ 12.30 per

The following labor standards have been established for a particular product:

Standard labor-hours per unit of output 8.5 hours
Standard labor rate $ 12.30 per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked 6,300 hours
Actual total labor cost $ 74,970
Actual output 800 units

What is the labor efficiency variance for the month?

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